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) The following items involve the cash flow activities of Prizzie Company for 2014: (24 points) Net income Payment of dividends $162,000 1,000 shares of
) The following items involve the cash flow activities of Prizzie Company for 2014: (24 points) Net income Payment of dividends $162,000 1,000 shares of stock issued at $20 par Amortization expense on patents Plant assets acquired at a cost of Accounts receivable increase of Accounts payable decrease of Salaries payable increase of Beginning cash balance $25,000 $20,000 7,000 $75,000 $ 9,000 $10,000 $ 6,500 $18,000 Required: Prepare the statement of cash flows of Prizzie Company for 2014 using the indirect method. SEE WORKSHEET ATTACHED (Page 6)
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