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Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debite > Credits by: $ 103,500 170,100 Credits

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Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Debite > Credits by: $ 103,500 170,100 Credits > Debits by: $ 83,900 4,400 105,000 Cash Accounts receivable Inventory Prepaid expenses Long-term loans to subsidiaries Long-term investments plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock Retained earnings 93,000 308,000 65,400 48,900 5,900 9.000 400,000 121,000 $801,500 76,100 $801,500 The following additional information is available about last year's activities: a. Net income for the year was $ . The company sold equipment during the year for $35,200. The equipment originally cost $161,000 and it had $127.300 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. plant and equipment Accumulated depreciation Beginning Itinding $2,887,000 $3,195,000 $984,400 61,049,800 e. The balance in the Cash account at the beginning of the year was $109,800, the balance at the end of the year was $_2_ 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 outflows as negati amounts.) Yoric Company Statement of Cash Flows Operating activities 0 0 Investing activities: 0 Financing activities 0 0 $ Beginning cash and cash equivalents Ending cash and cash equivalents

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