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View Policies Current Attempt in Progress The following information is available for Waterway Industries for the year ended December 31, 2022. Beginning cash balance Accounts
View Policies Current Attempt in Progress The following information is available for Waterway Industries for the year ended December 31, 2022. Beginning cash balance Accounts payable increase Depreciation expense Accounts receivable decrease Inventory decrease Net income Cash received for sale of land at book value Cash dividends paid Income taxes payable decrease Cash used to purchase land Cash used to redeem bonds Cash received from issuing stock $27,600 6,555 47,150 5,520 3,565 65,780 119,600 43,700 4.485 93,150 75,900 184,000 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).) Waterway Industries Statement of Cash Flows-Indirect Method For the Year Ended December 31, 2022
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