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Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: The following additional information is available about last

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Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: The following additional information is available about last year's activities: a. Net income for the year was $ ? b. The company sold equipment during the year for $35,200. The equipment originally cost $160,300 and it had $126,700 in accumulated depreciation at the time of sale. c. Cash dividends of $10,000 were declared and paid during the year. d. The beginning and ending balances in the Plant and Equipment and Accumulated Depreciation accounts are given below. e. The balance in the Cash account at the beginning of the year was $109,300; the balance at the end of the year was $ ? t. If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Required: Using the indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Required: Using the indirect method, prepare a statement of cash flows for the year. (List any deduction in cash and cash outfiows as negatlve amounts.)

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