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Statement of Cash Flows The following are several items involving the cash flow activities of the ROCKY HORROR PICTURE CO. for 2016: Net income, $43300

Statement of Cash Flows

The following are several items involving the cash flow activities of the ROCKY HORROR PICTURE CO. for 2016:

Net income, $43300

Payment of dividends, $15600

Ten-year, $36100 bonds payable were issued at face value

Depreciation expense, $20600

Building was acquired at a cost of $36400

Accounts receivable decreased by $1800

Accounts payable decreased by $4600

Equipment was acquired at a cost of $6600

Inventories increased by $6100

Beginning cash balance, $16500

Required:

Prepare Rocky Horror Picture's statement of cash flows for 2016 using the indirect method. Use a minus sign for any negative amounts.

ROCKY HORROR PICTURE CO.
Statement of Cash Flows
For Year Ended December 31, 2016
Net Cash Flow From Operating Activities
$
Adjustments for differences between income flows and cash flows from operating activities:
$
Cash Flows From Investing Activities
$
Cash Flows From Financing Activities
$
$
$

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