prepare the statement of cash flows assuming that bronco prepares it's financial statements according to the international financial reporting standards where is IFRS allows flexibility use the classification used most often and IFRS financial statements

The statement of cash flows for the year ended December 31.2016, for Bronco Metals is presented below. BRONCO METALS of Cash Flows For the Year Ended December 31, 2016 Cash flows from operating activities S 363,000 Colections from customers nterest on note receivabl Dividends received from investments Purchase of 88,000) Payment of operating expenses Payment of interest on note payable B 200 Net cash flows trom operating activnes $112,600 Cash flows from investing activities of none receivable (174.000) Purchase of equipment Net cash tows from mesing actwrie Cash flows from Snancing activites Proceeds term issuance of common stock 220.000 Dividends paid 42.000 Net cash flows tom financing 28.400 Cash and cash equivalents, January $255,000 Required statement of flows assuming prepares is financial statements acoording to Ptopare the oash that Bronco standards. Where alows texbility, use clasaincaien used most in FRS financial statements (Amounts to be deducted should be ind cated with a