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Prepare a statement of cash flown tor Cookie &. Collee Creations inc, for the vear ended October 31,2021 , using the indirect Q. Do not

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Prepare a statement of cash flown tor Cookie \&. Collee Creations inc, for the vear ended October 31,2021 , using the indirect Q. Do not iegreve any felds blarik] Natalie has prepared the bulance sheet and income statement of Cookie 6 . Collee Creations inc foe the first year of operationa, but does not understand how to prepare the cast fow statement. The income statement and balance sheet apperar below. Recal that the cocoiny started operations on November 1, 2020, so all of the opering bilances are zero. Addifional infermation 1. The company bought kitchen equipment fa commercial avent for 529,000 on November 1, 2020, and signed a 512,000 note paryable to help pay for it. The terms provide for semiannual fixid priacipal payments or 52,000 on May 1 and November 1 of exch wear, plus interest of 5K. Al other furniture, fature, and equipment were purchased durine the vear for cash 2. Recall froen Chapter 11 that the comoany originaly rissocs 25,930 common shares for 525.930 . of which 750 shares were repurthased from the tewyor for $500. 3. Recall from Chapter 11 that the company dedared a semarerual dividend to the preferred stockholders on Apraja, and the be paid on December 1. 4. Prepaid expemes felate only to operating eapenses. Assets Current assets Cash $86219 Accounts recoivable 2250 Imvectory 17 B97 Prepuid expenses 6,3005113606 Property, plant, and equipment Furniture and hatures 112.500 Accumalsted depreciation-thrniture and fatures Computer eovipment Mccumulated depreciation-computer equipment Krichen equiponet Mcumulated depreciation-bothen enipment Total astets Liabilaties and Stockholders' Equity Correnaliablities Accountspayable $5.846 Income tax payalie 19.690 Dividendi payblie 700 Sularies and wages payablet 2.250 Interest punable tos Note payabie-current portion 4000 $32876

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