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Statement of Cash Flows (Indirect Method) Use the following information about Lund Corporation for the month of August to prepare a statement of cash flows

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image text in transcribed Statement of Cash Flows (Indirect Method) Use the following information about Lund Corporation for the month of August to prepare a statement of cash flows for August under the indirect method. Note: Use negative signs with your answers to indicate a decrease in cash (use of cash). LUND CORPORATION Statement of Cash Flows For the Month of August \begin{tabular}{|l|l|} \hline Operating Activities \\ \hline Add (Deduct) Items to Convert Income to Cash Basis \\ \hline Depreciation \\ \hline Amortization \\ \hline Accounts Receivable Increase \\ \hline Inventory Decrease \\ \hline Prepaid Expenses Increase \\ \hline Accounts Payable Increase \\ \hline Accrued Liabilities Decrease \\ \hline Net Cash Provided by Operating Activities \\ \hline Investing Activities \\ \hline Purchase of Land \\ \hline Net Cash Used by Investing Activities \\ \hline Financing Activities \\ \hline Retirement of Bonds Payable \\ \hline Payment of Dividends \\ \hline Net Cash Used by Financing Activities \\ \hline Net change in cash \\ \hline Cash at Beginning of Year \\ \hline Cash at End of Year \\ \hline \end{tabular}

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