Question
The following items were gathered from Rindt Industries general ledger: Sale of marketable securities $ 14,020 Depreciation and amortization expense 23,822 Payment of cash dividends
The following items were gathered from Rindt Industries general ledger: Sale of marketable securities $ 14,020 Depreciation and amortization expense 23,822 Payment of cash dividends 3,923 Proceeds from disposal of equipment 889 Loss on disposal of equipment 170 Net income 25,833 Beginning Cash balance 20,050 Purchase of equipment 21,842 Decrease in Accounts Receivable 1,278 Proceeds from issuing common stock 2,121 Increase in Inventory 3,595 Increase in Accounts Payable 4,460 Ending Cash balance 63,283 Using the indirect method, construct Rindt Industries statement of cash flows. (If amount decreases cash flow then enter with a negative sign preceding the number or parenthesis, e.g. -15,000 or (15,000).) Rindt Industries Statement of Cash Flows $ $ Net cash by activities Net cash by activities Net cash by activities $
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