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The following information is available for Bramble Corp. for 2022. Cash used to purchase treasury stock...........................$129,389 Cash dividends paid......................................................................58,642 Cash paid for interest..................................................................60,256 Net income........................................................................................1,248,967

The following information is available for Bramble Corp. for 2022.

Cash used to purchase treasury stock...........................$129,389

Cash dividends paid......................................................................58,642

Cash paid for interest..................................................................60,256

Net income........................................................................................1,248,967

Sales revenue..................................................................................2,157,380

Cash paid for taxes.......................................................................266,310

Cash received from customers...............................................1,522,809

Cash received from sale of building (at book value).....531,544

Cash paid for operating expenses.........................................207,130

Beginning cash balance..............................................................29,590

Cash paid for goods and services.........................................750,779

Cash received from issuing common stock......................954,950

Cash paid to redeem bonds at maturity..............................538,000

Cash paid to purchase equipment.........................................304,508

How do you issue a statement of cash flows using the direct method.(Show amounts in the investing and financing sections that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Bramble Corp.

Statement of Cash Flows-Direct Method

For the Year Ended December 31, 2022

Cash Flows from Operating Activities

Cash Receipts from Customers

less: Cash Payments

For Goods and Services

For Income Taxes

For Operating Expenses

For Interest

Net Cash Provided by Operating Activities

Cash Flows from Investing Activities

Sale of Building

Purchase of Equipment

Net Cash Provided by Investing Activities

Cash Flows from Financing Activities

Issuance of Common Stock

Payment of Cash Dividend

Purchase Treasury Stock

Cash Paid to Redeem Bonds at Maturity

Net Cash Provided by Financing Activities

Net Increase in Cash

Cash at Beginning of Period

Cash at End of Period

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