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The Murdock Corporation reported the following balance sheet data for 2021 and 2020: Cash Available-for-sale debt securities (not cash equivalents) Accounts receivable Inventory Prepaid insurance

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The Murdock Corporation reported the following balance sheet data for 2021 and 2020: Cash Available-for-sale debt securities (not cash equivalents) Accounts receivable Inventory Prepaid insurance Land, buildings, and equipment Accumulated depreciation Total assets Accounts payable Salaries payable Notes payable (current) Bonds payable Common stock Retained earnings Total liabilities and shareholders' equity 2022 $ 95, 135 23,500 96,000 181,000 2,940 1,282,000 (626.000) $1,054,575 $ 90, 740 26,400 39,400 216,000 300,000 382,035 $1,054,575 2020 S 32,555 101,000 82,650 159,400 3,600 1,141, 000 (588, 000) $ 932, 205 $ 164, 670 32,500 91,000 300,000 344,035 $ 932, 205 Additional information for 2021: (1) Sold available-for-sale debt securities costing $77,500 for $83,600. (2) Equipment costing $20,000 with a book value of $6,600 was sold for $8,400. (3) Issued 6% bonds payable at face value, $216,000. (4) Purchased new equipment for $161,000 cash. (5) Paid cash dividends of $28,000. (6) Net income was $66,000. Required: Prepare a statement of cash flows for 2021 in good form using the indirect method for cash flows from operating activities. to be deducted should be indicated with a minus sign.) Prepare a statement of cash flows for 2021 in good form using the indirect method for cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.) MUROOCK CORPORATION Statement of Cash Flows For the Year Ended December 31, 2001 Cash flows from operating activities Not income $ 65,000 Adntments for rencash elect Depreciation expense Gain one of equipment Ganon not available for sale del secure Changes in operating assets and Decrease in account aceivable Decrease in accounts payable Decrease in stare payable Payment of notes payable 60.000 Net cash flows from operating activities Cashows from investing activities Sale of met Purchase of equipment Suomen Nel cash flow from investing activities Cashows from runcing ati Sale of bonds pay Payment of cash dividende cash flow from financing active he in cash Cathlonce, January 1 Cabance, December 31 5 0

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