Given the following information, prepare a statement of cash flows. Dividends ........................................... $25 Increase in common stock

Question:

Given the following information, prepare a statement of cash flows.

Dividends ........................................... $25

Increase in common stock .......................... 27

Increase in accounts receivable .................... 65

Increase in inventories ................................ 5

Operating income ................................... 215

Increase in accounts payable ...................... 40

Interest expense ...................................... 50

Depreciation expense ............................... 20

Increase in bank debt ............................... 48

Increase in accrued expenses ...................... 15

Increase in gross fixed assets ...................... 55

Income taxes ......................................... 45

Common Stock
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