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Thompson Corporation has the following activities for the past year: EEB (Click the icon to view the data.) Requirement Prepare the operating activities section of
Thompson Corporation has the following activities for the past year: EEB (Click the icon to view the data.) Requirement Prepare the operating activities section of Thompson Corporation's statement of cash flows for the year ended December 31, using the indirect method for operating cash flows. (Use parentheses or a minus sign for numbers to be subtracted.) Thompson Corporation Statement of Cash Flows-Operating Activities Section (Indirect Method) For the Year Ended December 31 Operating Activities Adjustments to reconcile net income to cash basis Net cash provided by (used for) operating activities Data Table Cost of goods sold Other operating . $53,000 Proceeds from issuance Purchase of treasury Purchase of equipment Proceeds from sale of Payment of long-term Increase in current Ch note payable .. . $ 11,000 assets e next question Decrease in current
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