Question

4 Show Me How alculator eBook Statement of cash flows-indirect method Statement of Cash Flows Labels and Amount Descriptlons Instructions Instructions The comparative balance sheet of Livers Inc. for December 31, 20Y3 and 20Y2, Is shown as follows: Dec. 31, 20Y2 Dec. 31, 20Y3 Assets $150,000.00 $155,000.00 3 Cash 4Accounts receivable (net) 400,000.00 450,000.00 750,000.00 5 Inventories 770,000.00 6 Investments 100,000.00 0.00 7 Land 500,0000 0.00 Equipment 1,400,000.00 1,200,000.00 9Accumulated depreciation-equipment (600,000.00) (500,000.00) $2,675,000.00 $2,100,000.00 Total assets 10 Liabilities and Stockholders' Equity 11 12 Accounts payable (merchandise creditars) $340,000.00 $300,000.00 13 Accrued expenses payable (operating expenses) 45,000.00 50,000.00 14 Dividends payable 30,000.00 25,000.00 Common ctack Ane 700.000.00 L00000.00 Check My Work7 more Check My Work uses remaining. All work saved.

Answer 1

Angcoey Page nlo O Slabement of carh flees for tie stan ended dec 31, a013 Neb Pneome $ 500,000 Depreciation expenses 500,000 $ 600, 000 $100,000 -4100000 Gain on sale of investments $175000 Incoiease în accounk receivable $450,000 - 400,000 $50,000 Incorcase în invenory 440,000 - 750,000 $ 20,000 Incorease in accounts poyable 300, 000 340,000 $ 40,000 Decrease in accred expenses payable 45000 50,000 - $50 5000 Panchase of equipment 1400,000 - 1Q00;000 $ 200, cCO

Pager Dividends paid - Beginning dividends payatie + dividerds declard NO - ending dividends payoble 80,000 2 5000 + 90,000 =s 85000 (100,000 + 200,000)-(600,000+ 19000) Isue g common ock 175000 Y45000 900,000 $ 105000 Fartiular Ameunt Amcunt Cosh floes bre rerabiag askuities Neb încome $ 500,000 distveet te senale nebiecoroe to calfbus from acbivities :- erzeting Deprecialion expenses $10,000 45000) Gain on sale of finv esfment changes in curent anes a curent liabilihes neorease in accounts neceivable $ 50, 000) Ineoncase fo inventory ($ 20,000)

PogeN. Panticulan Amount Amount Increase in acunk payable 4 40,000 Decrease in Accrocd expenses payable ¢ 5000) 10,000 provided by openaling achivihies fovefing acbvities Net cash $490,000 Carh flows from $175000 (* 500,000) 4 0 00,000) Sale of Pnvesfmento Purchase of land Paochane of eguipment Neb cash used fo investing acbivities Cash floos fom tinarcing $525000 activities Didenda paid († seco0) Insue of Coromon sfeck $ 125000 Net carh provided by the financing $4 0,000 activities Net Pnerease (decrease) fn cash carsh balarke at beginni ng g yeair $ 5000 $150,000 f the Cash balance at end $1 55000 year