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Problem 1-4A Inc. for the year ended December 31,2017 Presented below is selected financial information for Kingbird, Inventory Cash paid to suppliers Buildings Common stock
Problem 1-4A Inc. for the year ended December 31,2017 Presented below is selected financial information for Kingbird, Inventory Cash paid to suppliers Buildings Common stock Cash dividends paid Cash at beginning of period 7,400 $12,000 42,700 103,400 132,400 7,100 Cash received from issuing common stock 21,800 $24,500 Cash paid to purchase equipment 103,900 Equipment 199,800 Service revenue 50,100 Cash received from customers (a) Prepare the statement of cash flows for Kingbird, Inc. (Show amounts that decrease cash flow either with a negative sign preceding the number e.g 15,000 or in parentheses e.g. (15,000).)
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