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Problem 14-11 Missing Data; Statement of Cash Flows (LO14-1, LO14-2] Yoric Company listed the net changes in its balance sheet accounts for the past year

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Problem 14-11 Missing Data; Statement of Cash Flows (LO14-1, LO14-2] Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Cash 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 by: Debits by: $ 51,700 170,200 $ 83,300 4,000 100,000 91,000 343,000 65,700 49,200 5,500 9,600 410,000 129,000 76,600 $ 794,400 $794,400 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 $35,900. The equipment originally cost $160,000 and it had $125,400 in accumulated depreciation at the time of sale. C. Cash dividends of $10,600 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 $2,853,000 $3,196,000 $ 991,400 $1,057,100 e. The balance in the Cash account at the beginning of the year was $109,300; the balance at the end of the year was $_2_ 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: Net income 0 0 Investing activities: 0 Financina activities

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