The following changes took place last yeor in Povolik Compony's balance sheet accounts:

Long$-$term irvestments that cost the compony $$21$ were sold during the year for $$46$ ond land that cost $$45$ wos sold for $$24.$ In addition, the company declared and paid $$18$ in cosh dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Povolik did not retire any bonds during the year or issue any new common stock.

The company's income stotement for the year follows:

The company's beginning cash balance wos $$128$ and its ending bolance was $$108.$

Required:

Use the indirect method to determine the net cosh provided by operoting activities for the yeor.

$2$ Prepare o stotement of cosh flows for the year.

Complete this question by entering your answers in the tabs below.

Use the indirect method to determine the net cash provided by operating activities for the vear: $($Adjusument amounis that are to be deducted should be indicated with a minus sign.$)$

$\backslash$table$[[$Pavolik Company$],[,,],[,$Statement of Cash Flowa $($partlai$),],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,]]$