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The following information is available for Larkspur Corporation for the year ended December 31, 2022: Collection of principal on long-term loan to a supplier $35,000
The following information is available for Larkspur Corporation for the year ended December 31, 2022: Collection of principal on long-term loan to a supplier $35,000 Acquisition of equipment for cash 19,500 Proceeds from the sale of long-term investment at book value 25,000 Issuance of common stock for cash 21,200 Depreciation expense 26,200 Redemption of bonds payable at carrying (book) value 32,000 Payment of cash dividends 6,300 Net Income 33.900 Purchase of land by issuing bonds payable 45,400 In addition, the following information is available from the comparative balance sheet for Larkspur at the end of 2022 and 2021 2022 Cash Accounts receivable (net) Prepaid Insurance Total current assets $165.700 32.900 19.000 $217,600 2021 $91,500 16,400 13,300 $121,200 Accounts payable Salaries and wages payable Total current liabilities $35.500 6,300 $41,800 $21.100 7,800 $28.900 Prepare statement of cash flows for the ended December 31, 2037. the indirect method. (Show amounts that decree cash flow with either a 15.000 or in parenthes 115,0001) LARKSPUR CORPORATION Statement of Cash Flows Forar Ended Dec 2012 V Adjusta recent income to > > > >
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