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Stuck in Direct Method calculation. Can you help? ($ 000) Year 1 Year 2 Net income7,80018,600 Deprec., Depletion & Amortiz.3,0004,000 Capital Spending6,0008,000 Repayment of Long
Stuck in Direct Method calculation. Can you help?
($ 000) Year 1Year 2
Net income7,80018,600
Deprec., Depletion & Amortiz.3,0004,000
Capital Spending6,0008,000
Repayment of Long Term Debt2,0002,000
Dividends paid to shareholders2,8002,800
Cash Balance [end of Year 0] 3,000---
Cash Balance [end of Year 1] ? ---
Cash Balance [end of Year 2] ---?
Cash Received from customers25,80042,600
Cash Payments [for operations]14,00020,000
Increase in Current Assets750<1,000>
Increase in Current Liabilities2501,000
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