1) Please do that in a table (Adjustment amounts that are to be deducted should be indicated with a minus sign)Please use these items in each row of the table: choose only one option per row(Row 1) contribution margin, gross margin, net income, sales, ( row 2) adjustments to convert contribution margin to a cash basis, adjustments to convert gross margin to a cash basis, adjustments to convert net income to a cash basis, adjustments to convert sales to a cash basis, (Row 3) addition to a long term investments, additions to property plant & equipment , cash dividends, Decrease in accounts payable(Row 4) Additions to long- term investments Additions to property, plant & equipment Cash dividends Decrease in accounts payable(Row 5) Additions to long term investments Additions to property, plants & equipment Cash dividends Decrease in accounts payable(Row 6) Additions to long term investments Additions to property, plant & equipment Cash dividends Decrease in accounts payable ( row 7) Additions to long term investments Additions to property, plant & equipment Cash dividends Decrease in accounts payable ( row 8) Additions to long term investments Additions to property, plant & equipment Cash dividends Decrease in accounts payable ( row 9) Additions to long term investments Additions to property, plant & equipment Cash dividends Decrease in accounts payable ( row 10) Additions to long term investments Additions to property, plant & equipment Cash dividends Decrease in accounts payable (Row 11) Additions to long term investments Additions to property, plant & equipment Cash dividends Decrease in accounts payable ( row 12) Additions to long term investments Additions to property, plant & equipment Cash dividends Decrease in accounts payable (Row 13) Net cash provided by operating activities Net cash used in operating activities

2 Asset and Contra-Asset Accounts Liabilities and Stockholders' Equity Accounts Cash $ 17 D Accounts payable $ 53 I Accounts receivable $ 21 I Accrued liabilities $ 21 D Inventory 52 D Income taxes payable $ 26 I 6 Prepaid expenses 16 I Bonds payable $ 180 I points Long-term investments $ 18 D Common stock $ 84 D Property, plant, and equipment $ 350 I Retained earnings $ 73 I Accumulated depreciation $ 73 I D = Decrease; I = Increase. eBook Long-term investments that cost the company $18 were sold during the year for $40 and land that cost $39 was sold for $21. In addition, the company declared and paid $15 in cash dividends during the year. Besides the sale of land, no other sales or retirement of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock. Hint The company's income statement for the year follows: Print Sales $930 Cost of goods sold 404 Gross margin 526 References Selling and administrative expenses 390 Net operating income 136 Nonoperating items: Loss on sale of land $ (18) Gain on sale of investments 22 4 Income before taxes 140 Income taxes 52 Net income $ 88 The company's beginning cash balance was $122 and its ending balance was $105. Required: 1. Use the indirect method to determine the net cash provided by operating activities for the year. 2. Prepare a statement of cash flows for the year