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The following are account balance (in thousands) at December 31, 20X1, for Sunview Hospital. Prepare a statement of cash flows for the year ended December
The following are account balance (in thousands) at December 31, 20X1, for Sunview Hospital. Prepare a statement of cash flows for the year ended December 31, 20X1. You will enter summary balance for net cash from operating activities net cash from investing activities net cash from financing activities net increase/decrease in cash and cash equivalents and cash and cash equivalents, end of year Decreases in prepaid expenses Payments on long-term debt ($7,000) Cash and cash equivalents at beginning of the year $24,000 Increase in inventory ($3, 300) Increases in long-term debt $175,000 Decrease in accrued expenses ($2, 400) Change in net assets $6, 500 Sale of long-term investments $31,000 increase in other current liabilities $2, 600 Depreciation $6, 600 Payments on capital lease ($6, 100) Purchase of equipment ($177,000) Increase in net account receivables ($50,000) Increase in accounts payable $40,000
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