(L. OBJ. 3) Preparing the Statement of Cash Flows— indirect method [20—30 min] The Inco...

(L. OBJ. 3) Preparing the Statement of Cash Flows— indirect method [20—30 min]

The Income Statement and additional data of Minerals Plus, Inc., follow:

Requirement

1. Prepare Minerals Plus’ Statement of Cash Flows for the year ended June 30, 2010, using the indirect method. Include a separate section for noncash investing and financing activities.