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Use the following excerpts from Wickham Company's financial information. Beginning Cash $18,444 Net Income Depreciation Expense 39,500 14,000 Accounts Receivable Change (8,400) Inventory Change 4,600
Use the following excerpts from Wickham Company's financial information. Beginning Cash $18,444 Net Income Depreciation Expense 39,500 14,000 Accounts Receivable Change (8,400) Inventory Change 4,600 Prepaid Assets Change 3,800 Investment Change (No Assets Sales) 10,000 Accounts Payable Change 450 Note Payable Principal Balance Change (No New Loans) (9,400) Common Stock Balance Change (Due to Stock Issuance) 20,000 Prepare a statement of cash flows (indirect method) for the year 2018. Use the minus sign to indicate cash outflows, a decrease in cash or cash payments. Operating Activities: Wickham Company Statement of Cash Flows (Indirect Method) Year Ended December 31, 2018 Adjustments to Reconcile Net Income to Net Cash Flow from Operating Activities: Net Cash Flows from Operating Activities Cash Flow from Investing Activities: Net Cash Flows from Investing Activities Cash Flow from Financing Activities: Net Cash Flows from Financing Activities 0010 000
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