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The following information was drawn from the year-end balance sheets of Jordan River, Inc. Account Title Bonds payable Common stock Treasury stock Retained earnings Year

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The following information was drawn from the year-end balance sheets of Jordan River, Inc. Account Title Bonds payable Common stock Treasury stock Retained earnings Year 2 $675,000 207,000 25,000 81,600 Year 1 $935,000 135,000 9,500 59,600 Additional information regarding transactions occurring during Year 2: 1. Jordan River, Inc. issued $44,600 of bonds during Year 2. The bonds were issued at face value. All bonds retired were retired at face value. 2. Common stock did not have a par value. 3. Jordan River, Inc. uses the cost method to account for treasury stock. 4. The amount of net income shown on the Year 2 income statement was $36,000. Required a. Determine the amount of cash flow for the retirement of bonds that should appear on the Year 2 statement of cash flows. b. Determine the amount of cash flow from the issue of common stock that should appear on the Year 2 statement of cash flows. c. Determine the amount of cash flow for the purchase of treasury stock that should appear on the Year 2 statement of cash flows. d. Determine the amount of cash flow for the payment of dividends that should appear on the Year 2 statement of cash flows. e. Prepare the financing activities section of the Year 2 statement of cash flows. Complete this question by entering your answers in the tabs below. Reg A to D Red E Determine the amount of cash flow for the retirement of bonds, for the issue of common stock, for the purchase of treasury stock and for the payment of dividends that should appear on the Year 2 statement of cash flows. a. Cash flow for the retirement of bonds b. Cash flow from the issue of common stock c. Cash flow for the purchase of treasury stock d. Cash flow for the payment of dividends Reg A to D Reg E Prepare the financing activities section of the year 2 statement of cash flows. (Cash outflow sign.) Cash Flows from financing activities Net cash flow from financing activities 0

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