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

Yoric Company listed the net changes in its balance sheet accounts for the past year as follows:
Debits > Credits by: Credits > Debits by:
Cash $ 137,100
Accounts receivable 170,100
Inventory $ 64,300
Prepaid expenses 4,800
Long-term loans to subsidiaries 81,000
Long-term investments 98,000
Plant and equipment 258,000
Accumulated depreciation 65,200
Accounts payable 48,300
Accrued liabilities 5,000
Income taxes payable 9,800
Bonds payable 207,000
Common stock 122,000
Retained earnings 75,400
$ 673,000 $ 673,000

The following additional information is available about last years activities:

a. Net income for the year was $ ? .
b. The company sold equipment during the year for $35,500. The equipment originally cost $160,500 and it had $126,500 in accumulated depreciation at the time of sale.
c. Cash dividends of $10,300 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:

Beginning Ending
Plant and equipment $ 2,939,000 $ 3,197,000
Accumulated depreciation $ 986,100 $ 1,051,300

e. The balance in the Cash account at the beginning of the year was $109,400; 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.

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.)

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