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Prepare statement of cash flows Operating Activities: Adjustments to reconcile net income to cash basis * Data Table - X Net cash provided by (used
Prepare statement of cash flows
Operating Activities: Adjustments to reconcile net income to cash basis * Data Table - X Net cash provided by (used for) operating activities Investing Activities: Net income. ........... $? Payment of dividends................. $ 3,000 Proceeds from issuance of stock. . $ 79,000 Purchase of treasury stock ....... $ 13,000 Sales revenue...................... $ 125,000 Payment of long-term note, payable. $ 11,000 Decrease in current liabilities....... $ 12,000 Cast of goods sold.. $ 51,000 Other operating expenses........$ 15,000 Depreciation expense.............$ 18,000 Purchase of equipment with cash.. $ 23,000 Proceeds from sale of land ....... $ 18,000 Increase in current assets o ther than cash....................$ 5,000 Net cash provided by (used for) investing activities Financing Activities: Print Done Net cash provided by (used for) financing activities Net increase (decrease) in cashStep by Step Solution
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