Prepare the statement of cash flow section for operating activities section only .

Cash Flow-Indirect Method . Help Illustration 17A2 Comparative balance sheets, income statement and additional information for Computer Services Company Computer Services Company.xte File Edit View Insert Format Tools Data Window A B COMPUTER SERVICES COMPANY Comparative Balance Sheets December 31 Change in Account Balance Inercase Decrease 2010 2009 9 $ 55.000 20.000 15.000 5.000 $ 22,000 Increase 10.000 Decrease S.OO Increase 4,000 Increase 130.000 S 33.000 30.000 10,000 1.000 20.000 10,000 5.000) 10,000 11.000 SIRKOVO 12.000 27.000 000 5398.000 110,000 Increase 120,000 Increase 6.000 Increase 17.00 Increase 2,000 Increase ducts Current assess Cash Accounts receivable 101 Merchandise inventory 1. Prepaid expenses 12 Property, plant and equipment 13 Land 14 Building 15 Accumulated depreciation--building 10 Equipment 17 Accumulated depreciation-quthent 1 Total 19 20 Liabilities and Stockholders' Fawlty 21 Current liabilities 22 Acerunts payable 23 Income tax pasatie 24 Long-term abilities 25 Bonds payable (26 Stockholders' equity 127 Common stock 28 Retained earings 19 Total liabilities and stockholders' cquity 0 Sheet 1 Sheet2 S 2.000 6.000 $ 12,000 8.000 130.000 20,000 $ 16,000 Increase 2.000 Decrease 110,000 Increase 20.000 Increase 116.000 Increase 70.000 1640 $398.000 50.000 48.00 $138.000 18 . Computer Services Companyia File Edit View Invert Format Tools Data Window Help A C COMPUTER SERVICES COMPANY Income Statement For the Year Ended December 31, 2010 Revenge 6 Cost of goods sold $150,000 Operating expenses (eccluding depreciation) 111/ 8 Depreciation expense 9,000 Lots on sale of equipment 2000 10 Interest expense 43.000 11Income before income tax 12 Income tax expense 13. Net income $307,000 UIS.DOO 192.000 47.000 $145.000 Sheet1 Sheet 2 Additional information for 2010: 1. The company declared and paid a $29,000 cash dividend. 2. Issued 110.000 of long-term bonds in direct exchange for land. 3. A building costing $120.000 was purchased for cash. Equipment costing $25,000 was also purchased for cash. 4. The company sold equipment with a book value of $7.000 (cost $8,000, less accumulated depreciation $1,000) for $4.000 cash. 5. Issued common stock for $2048X10 cash. 6. Depreciation expense was comprised of S6/for building and $3.000 for equipment