Statement of Cash Flows

Required: Use the financial statements and other information provided below to prepare a statement of cash flows for Fox Corporation for fiscal year 2026. Use the DIRECT method.

Use the template below to prepare the statement of cash flows for Fox Corporation for 2026.(Use the template on the "Reconcilation work sheet" tab to calculate/document the items for the Reconcilation.) Hint: Cells with blue shading are for section heading label sand cells with yellow shading are for section total labels or other line labels.

623,600 296,000 327,600 87,000 158,000 82,600 Statement of Cash Flows Required: Use the financial statements and other information provided below to prepare a statement of cash flows for Fox Corporation for fiscal year 2026. Use the DIRECT method. Fox Corporation Fox Corporation Comparative Balance Sheets Income Statement December 31, 2026 and 2025 For the year ended December 31, 2026 December 31 Sales 2026 2025 Cost of Goods Sold Assets Gross Margin Cash 93,000 85,000 Depreciation Expense Accounts Receivable 95,000 37,000 Other Operating Expenses Merchandise Inventory 149,000 145,000 Income from Operations Equipment 298,000 355,000 Other Revenue and Expenses: Accum. Depr. (7,000) (108,000) Loss on sale of Equipment Totals 628,000 514,000 Income before Income Taxes Income Taxes Expense Liabilities & Stockholders' Equity Net Income Accounts Payable 56,000 142,000 Wages Payable 39,500 37,000 Additional Information: Short-Term Note Payable 96,000 91,000 A. Cash received from customers Long-term Note Payable 156,000 O B. Cash dividends paid Common Stock 262,000 185,000 C. Cash paid for income taxes Retained Earnings 18,500 59,000 D. Acquired equipment by signing long-term note payable Totals 628,000 514,000 E. Cash received from borrowing on short-term note payal F. Cash paid for other operating expenses G. Cash received from sale of equipment H. Cash paid for merchandise inventory 1. Cash received from sale of Fox Corp's common stock J. Cash paid for equipment (69,000) 13,600 4,100 9,500 565,600 50,000 1,600 156,000 5,000 158,000 38,000 386,000 77,000 82,000 Use the template below to prepare the statement of cash flows for Fox Corporation for 2026. (Use the template on the "Reconcilation worksheet" tab to calculate/document the items for the Reconcilation.) Hint: Cells with blue shading are for section heading labels and cells with yellow shading are for section total labels or other line labels. Reconciliation Worksheet Note: Enter all amounts in this worksheet as POSITIVE numbers. (Use the absolute value for all amounts in this Worksheet.) ADD Non-Cash Expenses ADD Losses and DEDUCT Gains Adjust for accruals -- Non-Cash, Current, Operating Assets & Liabilities Ending Balance Beginning Change in Balance Balance Increase or Decrease Account Assets Liabilities