statement of cash flows

Accounts payable increase Accounts receivable increase $9,000 4,000 Accrued liabilities decrease 3,000 Amortization expense 6,000 Cash balance, beginning of August 22,000 Cash balance, end of August 15,000 Cash paid as dividends 29,000 Cash paid to purchase land 90,000 Cash paid to retire bonds payable at par 60,000 Cash received from issuance of common stock 35,000 Cash received from sale of equipment 17,000 Depreciation expense 29,000 Gain on sale of equipment 4,000 Inventory decrease 13,000 Net income 76,000 Prepaid expenses increase 2,000 LUND CORPORATION Statement of Cash Flows For the Month of August Operating Activities $ Add (Deduct) Items to Convert Income to Cash Basis Depreciation Amortization Accounts Receivable Increase Inventory Decrease Prepaid Expenses Increase Accounts Payable Increase Accrued Liabilities Decrease Net Cash Provided by Operating Activities Investing Activities Purchase of Land Net Cash Used by Investing Activities Financing Activities > Retirement of Bonds Payable Payment of Dividends Net Cash Used by Financing Activities Net change in cash Cash at Beginning of Year Cash at End of Year $ 120,000