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Swifty Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $18,550. Dividends declared and paid were $14,100. 2. Equipment which cost

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Swifty Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $18,550. Dividends declared and paid were $14,100. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,500 was sold for $3,500. 3. No noncash investing and financing activities occurred during 2022. 4. Bonds were retired at their carrying value. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with elther a-sign eg. 15,000, or in parenthesis eg. (15,000).) Attempts: 0 of 1 used Submit Answer Save for later Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash Compute free cash flow. (Enter negative amount using elther a negotive sign preceding the number eg. 45 or parentheses eg. (45).) Free cash flow Attempts: 0 of 1 used Swifty Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $18,550. Dividends declared and paid were $14,100. 2. Equipment which cost $10,000 and had accumulated depreciation of $1,500 was sold for $3,500. 3. No noncash investing and financing activities occurred during 2022. 4. Bonds were retired at their carrying value. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with elther a-sign eg. 15,000, or in parenthesis eg. (15,000).) Attempts: 0 of 1 used Submit Answer Save for later Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Investing Activities Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash Compute free cash flow. (Enter negative amount using elther a negotive sign preceding the number eg. 45 or parentheses eg. (45).) Free cash flow Attempts: 0 of 1 used

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