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The following information is available for Stamos Corporation for the year ended December 31, 2020. Beginning cash balance $49,000 Accounts payable decrease 3,700 Depreciation expense
The following information is available for Stamos Corporation for the year ended December 31, 2020.
Beginning cash balance | $49,000 | |
Accounts payable decrease | 3,700 | |
Depreciation expense | 176,000 | |
Accounts receivable increase | 8,900 | |
Inventory increase | 12,000 | |
Net income | 282,800 | |
Cash received for sale of land at book value | 33,000 | |
Cash dividends paid | 13,000 | |
Income taxes payable increase | 5,100 | |
Cash used to purchase building | 274,000 | |
Cash used to purchase treasury stock | 26,000 | |
Cash received from issuing bonds | 197,000 |
I think ( I don't know ) I got the tiles right but can someone help me with it.
STAMOS CORPORATION Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2020 Cash Flows from Operating Activities Net Income $ $ Adjustments to Reconcile net income to Cash Flows from Operating Activities Depreciation Expense $ $ Increase in Accounts Receivable Increase in Inventory Increase in Income Taxes Payable Increase in Accounts Payable | Net Cash Provided by Operating Activities Cash Flows from Investing Activities Sale of Land Purchase of Building Cash at Beginning of Period Cash at End of Period $Step by Step Solution
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