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TE KERTUELE CY ELA III TES OLE mar the Year Ended am 2016 INESE tort of Goods Sold Groki Brat SHIEK Opening Expens Selling Expen
TE KERTUELE CY ELA III TES OLE mar the Year Ended am 2016 INESE tort of Goods Sold Groki Brat SHIEK Opening Expens Selling Expen Slax minions Shipping Exp Tatal Skin EXINEN General and Adhinistrative Expensex Danciation SIN Rent ENESE 19 Serie mnd Whagen Expense 13. ANAN Supplier Expense 2125 tice Ex 1, 315 ualities Expense Tatal theral and Administrative SIMON 10. KN Total Dating Event 2 10.000 the Incos GR on Set pient Dividendness 9.98 AR Deset THE TEELSE eta OEIEN Nene LICE SEE ME SIE SE E ES BE DELETE TEL E ES FE 3 F ELE E LA EES EE ELE 2 SS3E55EO-, Tere are 80 - - - - See - E - Gereee - es-es ease-ee - 19 Additional Information: Plant assets that originally cost $70,600 were sold for $61,500, resulting in a gain of $9,050. Dividends of $39,215 were declared and pald in 2019. There were no dividends declared in 2018. Problem 24-106 Using the Information provided, prepare... Using the Information provided, prepare the cash flows from operating activities for The Kerfuffle Comp using the Indirect method. (Amounts to be deducted should be Indicated with a minus sign.) THE KERFUFFLE COMPANY Statement of Cash Flows (Partial) Year Ended June 30, 2019 Cash flows from operating activities INet income after taxes Adjustments to reconcile net income to net cash provided by operating activities: Depreciation expense Gain on sale of equipment 9.050 Increase in accounts receivable Increase in inventory Decrease in prepaid expenses Decrease in accounts payable Total adjustments I'Net cash provided by operating activities 9.050 9.050 S
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