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Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Credits > Debits by: Debits > Credits by:

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Yoric Company listed the net changes in its balance sheet accounts for the past year as follows: Credits > Debits by: Debits > Credits by: $ 100, 100 170,700 $ 83,500 4,400 119,000 3.57 points 96,000 310,000 Cash and cash equivalents 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 65,300 48,200 5,700 9,300 408,000 122,000 75,600 $808,900 $ 808,900 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 $35 700. The equipment originally cost $160,700 and it had $126.600 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 Ending $2,888,000 $3,198,000 5 981,300 $1,046,600 e. The balance in the Cash account at the beginning of the year was $109,100, the balance at the end of the year was $ ? f. If data are not given explaining the change in an account, make the most reasonable assumption as to the cause of the change. Ints 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.) Yoric Company Statement of Cash Flows Operating activities Investing activities pter 13 Assessment Save Statement of Cash Flows Operating activities int Investing activities Financing activities: Beginning cash and cash equivalents Ending cash and cash equivalents

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