sorry. this was all the information given. I cannot provide more.

this was all of the information given.

A comparative balance sheet for Lomax Company containing data for the last two years is as follows: Lomax Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long term investments Loans to subsidiaries Total 35sets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued liabilities Income taxes payable Total current Habilities Bonds payable Total liabilities $ 76,000 $ 54,000 600,000 622,500 614,000 425,000 14,000 7,500 1,304,000 1. 109,000 2,395,000 1,820,000 621,000 564,500 1,774,000 1, 255,500 90,500 145,000 125.000 72,500 $3,293,500 $2,532,000 $ 878,000 $375,000 28,000 46,500 139,500 122,000 13045,500 743,500 415,00 1,690, 500 1158,500 The following additional information is available about the company's activities during this year. a. The company declared and paid a cash dividend this year b. Bonds with a principal balance of $385.000 were repaid during this year c. Equipment was sold during this year for $72,500. The equipment had cost $140,000 and had 546.000 in accumulated depreciation on the date of sale. d long-term investments were sold during the year for $120,000. These investments had cost 554 500 when purchased several years ago e The subsidiaries did not repay any outstanding loans during the year. f Lomax did not repurchase any of its own stock during the year The company reported netancome this year as follows: $ 3.100.000 1.175.000 Sales Cost of food sold Gross Bars Selling and administrations slet operating Incore ooperating 221.00 $ 3,100,000 1.922.000 1,178,000 956, 580 221,500 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income honoperating Items Gain on sole of Investments Loss on sale of equipment Income before taxes Income taxes Net Income $ 65,500 21,500 46.000 265,500 85,000 180.500 5 Required: Using the indirect method, prepare a statement of cash flows for this year (List any deduction in cash outflows os negative amounts.) Required: Using the indirect method, prepare a statement of cash flows for this year (List any deduction in cash outflows os negative amounts.) Lomax Company Statement of Cash Flows Operating activities Stath Prey Investing activities Financing activities Beginning cash and cash equivalents Ending cash and cash equivalents A comparative balance sheet for Lomax Company containing data for the last two years is as follows: Lomax Company Comparative Balance Sheet This Year Last Year Assets Current assets: Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long term investments Loans to subsidiaries Total 35sets Liabilities and Stockholders' Equity Current liabilities Accounts payable Accrued liabilities Income taxes payable Total current Habilities Bonds payable Total liabilities $ 76,000 $ 54,000 600,000 622,500 614,000 425,000 14,000 7,500 1,304,000 1. 109,000 2,395,000 1,820,000 621,000 564,500 1,774,000 1, 255,500 90,500 145,000 125.000 72,500 $3,293,500 $2,532,000 $ 878,000 $375,000 28,000 46,500 139,500 122,000 13045,500 743,500 415,00 1,690, 500 1158,500 The following additional information is available about the company's activities during this year. a. The company declared and paid a cash dividend this year b. Bonds with a principal balance of $385.000 were repaid during this year c. Equipment was sold during this year for $72,500. The equipment had cost $140,000 and had 546.000 in accumulated depreciation on the date of sale. d long-term investments were sold during the year for $120,000. These investments had cost 554 500 when purchased several years ago e The subsidiaries did not repay any outstanding loans during the year. f Lomax did not repurchase any of its own stock during the year The company reported netancome this year as follows: $ 3.100.000 1.175.000 Sales Cost of food sold Gross Bars Selling and administrations slet operating Incore ooperating 221.00 $ 3,100,000 1.922.000 1,178,000 956, 580 221,500 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income honoperating Items Gain on sole of Investments Loss on sale of equipment Income before taxes Income taxes Net Income $ 65,500 21,500 46.000 265,500 85,000 180.500 5 Required: Using the indirect method, prepare a statement of cash flows for this year (List any deduction in cash outflows os negative amounts.) Required: Using the indirect method, prepare a statement of cash flows for this year (List any deduction in cash outflows os negative amounts.) Lomax Company Statement of Cash Flows Operating activities Stath Prey Investing activities Financing activities Beginning cash and cash equivalents Ending cash and cash equivalents