Question 8 Use the following alphabetical list of information to prepare a well-organized cash flow statement for Winkler Ltd. for the year ended July 31, 2016. The bookkeeper who prepared the information wasn't sure about exactly what information to provide to you so there may be information that shouldn't be included in the cash flow statement. Accounts receivable Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year Decrease in accounts payable Decrease in accounts receivable Decrease in cash Depreciation Dividends Dividends declared but not paid Gain on the sale of equipment Increase in inventory Increase in prepaids Increase in taxes payable $ 560,000 450,500 64,500 44,000 51,000 441,000 852,000 750,000 350,000 225,000 96,000 12,000 77,000 1,000,000 3,000,000 1,000,000 Loss on the sale of land 100,000 Net income 750,000 Proceeds from the sale of land 55,000 Proceeds from the sale of property, plant, and equipment 356,000 Purchase of long-term investments 1,355,000 Purchase of property, plant, and equipment for cash 1,750,000 Repayment of bank loans 955,000 Retirement of long-term debt 1,750,000 Shares exchanged for equipment 500,000 Writedown of assets 310,000 Issuance of common shares Issuance of long-term debt Land