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The following is a list of items to be included in the year end statement of cash flows for the Woods Company: Beginning cash balance

The following is a list of items to be included in the year end statement of cash flows for the Woods Company:

  • Beginning cash balance of $90,000
  • Decrease in accounts payable of $4,000
  • Increase in accounts receivable of $3,000
  • Payment of dividends of $6,000
  • Depreciation expense of$12,000
  • Net income of $32,000
  • Proceeds from bonds $42,000
  • Proceeds from sale of equipment $10,000
  • Purchase of a building $50,000

Using this information, fill in the appropriate amounts for the following sections of the cash flow statement.If the amount is a negative cash flow,enter a -in front of the number.

1) Net cash flows from operating activities:

2) Net cash flows from investing activities:

3) Net cash flows from financing activities:

4) Net change in cash flows:

5) Ending cash balance:

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