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Prepare the Cash Flow statement under both methods - remember that only the Operations section changes! Note-you will never be given #2#3, or #4 again!
Prepare the Cash Flow statement under both methods - remember that only the Operations section changes! Note-you will never be given #2#3, or #4 again! End $30,000 $76,000 15,00012,000 ventory,00053,000 7,500 Machinery (net) 75,00091,500 Total$185,000 $240,000 Cash A/R Revenue CGS Gross Profit Depreciation Other Op Exp Operating Inc Gain on Sale of $180,000 89,000 91,000 10,000 30,000 51,000 LT Investment 20 ,000 Interest Expense Income Tax Net Income Machine (net) 4,000 2,000 9,000 $44,000 $6,000$8,000 1,250 Note Pay (L 25,000 17,400 20,000 29,000 CStk ($10 par) 100,000 110,000 7,000 10,930 22,000 63420 Total $185000$240,000 A/P 5.000 Inc Tax Pay Bonds Pay PICIEP R/E Additional Information: 1 - Machinery sold had a BV of $8,000 2 Operations yielded CF of $43,250 3 - Investing yielded CF of $
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