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This is the problem please answer part B Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with
This is the problem please answer part B
Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. - 15,000 or in parenthesis e.g. (15,000).) = Additional data: 1. Equipment that cost $10,000 and was 60% depreciated was sold in 2025 . 2. Cash dividends were declared and paid during the year. 3. Common stock was issued in exchange for land. 4. Debt investments that cost $34,800 were sold during the year. 5. There were no write-offs of uncollectible accounts during the year. Oriole's 2025 income statement is as follows. Compute net cash provided by operating activities under the direct method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net cash flow from operating activities $ $ $ Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. - 15,000 or in parenthesis e.g. (15,000).) = Additional data: 1. Equipment that cost $10,000 and was 60% depreciated was sold in 2025 . 2. Cash dividends were declared and paid during the year. 3. Common stock was issued in exchange for land. 4. Debt investments that cost $34,800 were sold during the year. 5. There were no write-offs of uncollectible accounts during the year. Oriole's 2025 income statement is as follows. Compute net cash provided by operating activities under the direct method. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net cash flow from operating activities $ $ $Step by Step Solution
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