Required information The Foundational 15 (Algo) [LO15-1, LO15-2] [The following information applies to the questions displayed below.] Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity Ending Balance $ 110,200 87,800 Beginning Balance $ 132,350 94,600 117,900 107,500 315,900 334,450 312,000 301,000 104,000 208,000 $ 523,900 $ 68,800 53,400 129,000 150,500 75,250 225,750 $ 560,200 $ 122,200 71,500 107,500 129,000 122,200 130,000 $ 523,900 $ 560,200 During the year, Ravenna paid a $12,900 cash dividend and it sold a piece of equipment for $6,450 that had originally cost $15,000 and had accumulated depreciation of $10,000. The company did not retire any bonds or repurchase any of its own common stock during the year. Foundational 15-3 (Algo) 3. How much depreciation would the company add to net income on its statement of cash flows? Depreciation Required information The Foundational 15 (Algo) [LO15-1, LO15-2] [The following information applies to the questions displayed below.] Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity Ending Balance $ 110,200 87,800 Beginning Balance $ 132,350 94,600 117,900 107,500 315,900 334,450 312,000 104,000 208,000 $ 523,900 $ 68,800 53,400 129,000 150,500 301,000 75,250 225,750 $ 560,200 $ 122,200 71,500 107,500 129,000 122,200 130,000 $ 523,900 $ 560,200 During the year, Ravenna paid a $12,900 cash dividend and it sold a piece of equipment for $6,450 that had originally cost $15,000 and had accumulated depreciation of $10,000. The company did not retire any bonds or repurchase any of its own common stock during the year. Foundational 15-11 (Algo) 11. What is the amount of net cash provided by (used in) operating activities in the company's statement of cash flows? Net cash operating activities ! Required information The Foundational 15 (Algo) [LO15-1, LO15-2] [The following information applies to the questions displayed below.] Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Accounts payable Income taxes payable Bonds payable Retained earnings Common stock Total liabilities and stockholders' equity Ending Balance $ 110,200 87,800 117,900 315,900 312,000 104,000 208,000 $ 523,900 $ 68,800 53,400 129,000 Beginning Balance $ 132,350 94,600 107,500 334,450 301,000 75,250 225,750 $ 560,200 $ 122,200 71,500 107,500 150,500 129,000 122,200 130,000 $ 523,900 $ 560,200 During the year, Ravenna paid a $12,900 cash dividend and it sold a piece of equipment for $6,450 that had originally cost $15,000 and had accumulated depreciation of $10,000. The company did not retire any bonds or repurchase any of its own common stock during the year. Foundational 15-12 (Algo) 12. What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows? Gross cash outflows ! Required information The Foundational 15 (Algo) [LO15-1, LO15-2] [The following information applies to the questions displayed below.] Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Accounts payable Income taxes payable Bonds payable Retained earnings Common stock Total liabilities and stockholders' equity Ending Balance $ 110,200 87,800 Beginning Balance $ 132,350 94,600 117,900 107,500 315,900 334,450 312,000 301,000 104,000 208,000 $ 523,900 $ 68,800 53,400 129,000 75,250 225,750 $ 560,200 $ 122,200 71,500 107,500 150,500 129,000 122,200 130,000 $ 523,900 $ 560,200 During the year, Ravenna paid a $12,900 cash dividend and it sold a piece of equipment for $6,450 that had originally cost $15,000 and had accumulated depreciation of $10,000. The company did not retire any bonds or repurchase any of its own common stock during the year. Foundational 15-13 (Algo) 13. What is the company's net cash provided by (used in) investing activities? Net cash investing activities ! Required information The Foundational 15 (Algo) [LO15-1, LO15-2] [The following information applies to the questions displayed below.] Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity Ending Balance $ 110,200 87,800 Beginning Balance $ 132,350 117,900 94,600 107,500 315,900 334,450 312,000 104,000 208,000 $ 523,900 $ 68,800 53,400 129,000 150,500 301,000 75,250 225,750 $ 560,200 $ 122,200 71,500 107,500 129,000 122,200 130,000 $ 523,900 $ 560,200 During the year, Ravenna paid a $12,900 cash dividend and it sold a piece of equipment for $6,450 that had originally cost $15,000 and had accumulated depreciation of $10,000. The company did not retire any bonds or repurchase any of its own common stock during the year. Foundational 15-14 (Algo) 14. What is the amount of gross cash inflows reported in the financing section of the company's statement of cash flows? Gross cash inflows