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Question 2 The following information is available for Whispering Winds Corp. for the year ended December 31, 2019 Beginning cash balance Accounts payable decrease Depreciation
Question 2 The following information is available for Whispering Winds Corp. for the year ended December 31, 2019 Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increasee Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds $46,440 3,818 167,184 8,462 11,352 293,191 36,120 12,384 4,850 298,248 26,832 206,400 Prepare a statement of cash flows 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).) Whispering Winds Corp. Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to eTextbook and Media Attempts: 0 of 3 used Save for Later Check
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