t 21 4 of 4 (4 complete) pare its statement of cash flows. Data related to cash activities for last year are as follows Data Table ot select $ 92,700 $ 50,100 $ 15,000 $ 21,700 Depreciation expense . . Issued new long-term notes payable for cash.. . . ....$ Paid cash for building .. . . . .. ..S 276,000 Net decrease in current liabilities. . Sold long-term investment for cash S 5,400 $ 350,000 Print Done Clear Al %) S13-8 (similar to) Thornton Corporation uses the indirect method to prepare its statement of cash flows. Data related to cash activities for last year are as follows: Click the icon to view the data.) 1. Calculate the net cash flow from operating activities for the year. (If a box is not used in the statement, leave the box empty, do not select a label minus sign for numbers to be subtracted or net cash outflows.) Operating Activities: Net income S 92,700 s 15,000 21,700 5,400 Depreciation Net decrease in current assets Net decrease in current liabilities Net cash provided by (used for) operating activities 2. Calculate the cash flow from (or used for) investing activities for the year. (If a box is not used in the statement, leave the box empty, do not selec $ 124,000 or a minus sign for numbers to be subtracted or net cash outflows.) Choose from any list or enter any number in the input fields and then click Check Answer Clear All remaining 19 Thornton Corporation uses the indirect method to prepare its statement of cash flows. Data related to cash activities for last year are as Click the icon to view the data.) Answer the following questions: Cash from sale of investment S 350,000 (276,000) Cash used for p Net cash provided by (used for) investing activities 3. Calculate the cash flow from or used for financing activities for the year. If a box is not used in the statement, leave the box empty, of building $ 74,000 or a minus sign for numbers to be subtracted or net cash outflows.) Financing Activities: $ 41,700 Cash from issuance of note payable (50,100) Cash paid for dividends Choose from any list or enter any number in the input fields and then click Check Answer. Clear All remaining 19 Answer the following questions: vei casni proviaeu by (usea tory invesung acuviues 3. Calculate the cash flow from (or used for) financing activities for the year. (If a box is not used in the statement, leave the bo or a minus sign for numbers to be subtracted or net cash outflows.) Financing Activities: Cash from issuance of note payable $ 41,700 Cash paid for dividends Net cash provided by (used for) financing activities 4. What was the net change in cash for the year? (Enter the amount as a positive number.) The net change in cash for the year was an increase of 50,000 (50,100) $ (8,400) Choose from any list or enter any number in the input fields and then click Check Answer Clear All part remaining 19 MacBook ent 21 4 of 4 (4 complete) o prepare its statement of cash flows. Data related to cash activities for last year are as follows: Questions elect a lab 1. What was the net cash flow from operating activities for the year? 2. What was the cash flow from (or used for) investing activities for the year? 3. What was the cash flow from (or used for) financing activities for the year? 4. What was the net change in cash for the year? 5. If the beginning balance of cash for the year was $159,000, what was the balance of cash at the end of the year? Print Done n the input fields and then click Check Answer Clear All MacBo F 8 F7
