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Problem 13-11 Missing Data; Statement of Cash Flows (L013-1, LO13-2) Yoric Company listed the net changes in its balance sheet accounts for the past year

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Problem 13-11 Missing Data; Statement of Cash Flows (L013-1, LO13-2) Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments Plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings Debits > Credits > Credits byt Debits by: $128,700 170,600 $ 84,800 4,800 103,000 93,000 270,000 65,000 48,400 5,100 9,300 408,000 123,000 76,700 $ 795,200 $795,200 The following additional information is available about last year's activities: a. Net income for the year was $_2 b. The company sold equipment during the year for $35,700. The equipment originally cost $160,200 and it had $125,700 in accumulated depreciation at the time of sale. c. Cash dividends of $10,900 were declared and paid during the year. d. The beginning and ending balances in the plant and Equipment and Accumulated Depreciation accounts are given below: 14 btv A The following additional information is available about last year's activities: a. Net income for the year was $? b. The company sold equipment during the year for $35,700. The equipment originally cost $160.200 and it had $125.700 in accumulated depreciation at the time of sale. c. Cash dividends of $10,900 were declared and paid during the year. d. The beginning and ending balances in the plant and Equipment and Accumulated Depreciation accounts are given below: Plant and equipment Accumulated depreciation Beginning Ending $2,927,000 $3,197,000 $ 980, 400 $1,045,400 e. The balance in the Cash account at the beginning of the year was $109,900; the balance at the end of the year was $_?_ f. If data are not given explaining the change in an account make the most reasonable assumption as to the cause of the change. Required: Using the indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Yoric Company Statement of Cash Flows Operating activities: Saved 13: Required homework i saved Yoric Company Statement of Cash Flows Operating activities: d ces 0 0 Investing activities: 0 Financing activities: BEP 14 C ty U Investing activities: d 0 Financing activities: ces 0 Beginning cash and cash equivalents Ending cash and cash equivalents $ $ 0

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