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Prepare the statement of cash flows. Scroll down to page below. You can use the worksheet if it is helpful in preparing the actual statement.
Prepare the statement of cash flows. Scroll down to page below. | |||
You can use the worksheet if it is helpful in preparing the actual statement. | |||
It is not required that you use the worksheet. | |||
ADDITIONAL INFORMATION | |||
INCOME STATEMENT | |||
Net Income | $ 7,945 | ||
Depreciation expense | $ 2,325 | ||
Loss on sale of plant assets | $ 375 | ||
ADDITIONAL INFO | |||
New plant assets purchased | $ 4,250 | ||
Old plant assets sold for cash | $ 75 | ||
Original cost of plant assets sold | $ 2,875 | ||
Cash dividends paid | $ 2,018 | ||
Bonds payable matured and were paid off in cash | |||
PREPARE THE STATEMENT OF CASH FLOWS | |
ARMADILLO, INC. | |
Statement of Cash Flows | |
For the period ended December 31, 2019 | |
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