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Problem 13-11A The comparative balance sheets for Rothlisberger Company as of December 31 are presented below. ROTHLISBERGER COMPANY 2015 2014 $70,380 $45,080 61,430 50,420142,840 21,010

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Problem 13-11A The comparative balance sheets for Rothlisberger Company as of December 31 are presented below. ROTHLISBERGER COMPANY 2015 2014 $70,380 $45,080 61,430 50,420142,840 21,010 44,530 Prepaid expenses Buildings Equipment 4,950 105,240 130,260 200,950 200,950 59,280) (39,490) 228,180 155,720 (45.2001 --(34,150) Accumulated depreciation-equipment 09,670$683,650 Total $47,850 $39,260 260,680 99,770 160,010 01,370183,940 Accounts payable Bonds payable Common stock, $1 par Retained earnings 300,440 Total Additional information: Operating expenses include depreciation expense of $42,030 and charges from prepaid expenses of $6,060 2- Land was sold for cash at book value 3. Cash dividends of $19,350 were paid. 4. Net income for 2015 was $36,780 S. Equipment was purchased for $94,140 cash. In addition, equipment costing $21,680 with a book value of $10,990 was sold for $5,920 cash 6. Bonds were converted at face value by issuing 39,760 shares of $1 par value common stock. Prepare a statement of cash flows for the year ended December 31, 2015, using the indirect method. (Show amounts that decrease cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15,000).) Statement of Cash Flows For the Year Ended December 31, 2015 Cash Flows from Operating Activites Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreclation Expense Loss on Disposal of Equipment Decrease in Accounts Receivabie Increase in Inventory Decrease in Prepaild Expenses Increase in Accounts Payabie Net Cash Provided by Operating Activities Cash Fiows from nvesting Activities Sale of Land Purchase of Equipment Sale of Eouioment Cash Flows from Financing Activities Payment of Cash Dividends Cash Flows from Financing Activities Net increase in Cash

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