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The accounting staff of Wyoming Outfitters, Inc., has assembled the following information for the current vear ended December 31 Cash and cash equivalents, Jan. 1
The accounting staff of Wyoming Outfitters, Inc., has assembled the following information for the current vear ended December 31 Cash and cash equivalents, Jan. 1 $. 35,800 .......................................... Cash pald to acquire plant assets ......_.. ......._.........._.. ......_... ..........21,000 5,000 Interest and dividends recelved Cash recelved from customers Proceeds from sales of plant assets DivIdends pald Cash pald to suppllers and employees Interest pald Income taxes pald 27,000 ...795,000 9.000 55,000 635,000 19.000 71,000 Using this information, prepare a statement of cash flows. Include a proper heading for the financial statement, and classify the given information into the categories of operating activities investing activities, and financing activities. Determine net cash flows from operating activities by the direct method. Place brackets around the dollar amounts of all cash disbursements
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