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Werewolf Dog Chow, Inc. Comparative Balance Sheets For the Years Ending, 12/31/2021 and 12/31/2020 Assets Cash Accounts receivable Equipment Less: Accumulated depreciation Total 12/31/21 20,000

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Werewolf Dog Chow, Inc. Comparative Balance Sheets For the Years Ending, 12/31/2021 and 12/31/2020 Assets Cash Accounts receivable Equipment Less: Accumulated depreciation Total 12/31/21 20,000 106,000 39,000 17,000 148,000 1/1/21 13,000 88,000 22,000 11.000 112.000 Liabilities & Stockholders' Equity Accounts payable Common stock Retained earnings Total 20,000 100,000 28.000 148.000 15,000 80,000 17.000 112.000 Notes: 1. Net income of 44,000 was reported in 2021. 2. Dividends of 33,000 were paid in 2021. 3. New equipment was purchased, and no equipment was sold. Required: Prepare the Statement of Cash Flows for Werewolf Dog Chow, Inc. for the year ended 12/31/21 using the indirect method. (Do sold. Required: Prepare the Statement of Cash Flows for Werewolf Dog Chow, Inc. for the year ended 12/31/21 using the indirect method. commas; do not include $, enter - or() for negative numbers) Cash flows from operating activities: Net income 44,000 Depreciation expense Accounts payable Accounts receivable Net cash flows from operating activities Cash flows from investing activities: Purchase of equipment Cash flows from financing activities: Dividends paid Sale of common stock Net cash flows from investing activities Net cash flows

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