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The following is a condensed version of the comparative statements of financial position for Riverbed Ltd. for the last 2 years at December 31
The following is a condensed version of the comparative statements of financial position for Riverbed Ltd. for the last 2 years at December 31 (amounts in millions). 2022 2021 Investments Equipment #60,320 # 85,840 345,680 278,400 Less: Accumulated depreciation-equipment (122,960 ) (103,240) Accounts receivable 208,800 214,600 Cash 182,120 90,480 Share capital-ordinary Retained earnings Current liabilities 185,600 185,600 332,920 205,320 155,440 175,160 Additional information: Investments were sold at a loss of 8,120; no equipment was sold; cash dividends paid were #58,000; and net income was #185,600. Prepare a statement of cash flows for 2022 for Riverbed Ltd. (Show amounts that decrease cash flows with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) RIVERBED LTD Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to Net Cash Provided by Operating Activities Depreciation Expense Decrease in Accounts Receivable Loss on Sale of Investments Decrease in Current Liabilities Net Cash Provided by Operating Activities W 19720 5800 8120 -19720 AA 185600 199520
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