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You are required to do the following: 1)Using the information provided in M12-13 Textbook p. 589, complete a Statement of Cash Flow for Tech Gear
You are required to do the following:
1)Using the information provided in M12-13 Textbook p. 589, complete a Statement of Cash Flow for Tech Gear Corporation (you may use year-end December 2021 for the date).
Tech Gear Corp. started the year with $100,000 cash and reported net cash provided by operating activities of $200,000, cash paid for dividends of $40,000, cash received from stock issuance of $30,000, cash paid for equipment purchases of $150,000, cash paid for intangible assets of $100,000, and cash paid on bank loan of $35,000. Calculate the following
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