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the data table and everything else on the screen is the only information i have the balance sheet is on the second picture The income
the data table and everything else on the screen is the only information i have
the balance sheet is on the second picture
The income statement and additional data of Stoughton Travel Products, Inc, follow: (Cick the icon to view the income statement.) (i) (Cick the icon to view the additional data.) Requirements 1. Prepare Stoughtor's stasement of cash flows for the yoar ended Docember 31,2021 , using the indirect method: 2. Evaluate the compary's cash flows for the year. In your evaluation, mention all three categories of cash flows and giva the rationalo for your evaluation. Requirement 1. Prepare Stoughton's stahement of cash flows for the year ended December 31, 2021, using the indirect method Start by complefing the cash flows from operating activies. Then complete each section of the stasment of cash flows, induding the noncash investing and franong acivetis. (Use parentieses or a minus sign for numbers to be subtracted and for a net decrease in cash.) Data table More info Additional data: a. Acquisition of plant assets was $190,000. Of this amount, $140,000 was paid in cash and $50,000 was financed by signing a note payable. b. Proceeds from the sale of land totaled $23,000. c. Proceeds from the issuance of common stock totaled $35,000. d. Payment of a long-term note payable was $15,000. e. Payment of dividends was $17,000. f. From the balance sheets Step by Step Solution
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