10 062 pots Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long tere Investments...

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10 062 pots Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long tere Investments Property, plant, and equipment Accumulated depreciation D Decrease Increase. $150 Liabilities and Stockholders Equity Accounts Accounts payable $197 Accrued liabilities $40 Income taxes payable 5477 $ 190 $241 $141 Bonds payable 5360 Common stock $3201 Retained earnings $671 $164X $760 5671 etlook 10% eferences Long-term investments that cost the company $16 were sold during the year for $36 and land that cost $35 was sold for $19. In addition, the company declared and paid $13 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year Pavolik did not retire any bonds during the year or issue any new common stock The company's income statement for the year follows Sales Cost of goods sold Gress margin Net operating Incone Nonoperating items Loss on sale of land Gain on sale of investments Income before taxes) Income Taxes Set Income 5870 376 434 370 134 1 (16) 20 128 The company's beginning cash balance was $118 and its ending balance was $103. 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 10 062 points 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. Complete this question by entering your answers in the tabs below. eBook THAL References Required 1 Required 2 Use the indirect method to determine the net cash provided by operating activities for the year. (Adjustment amounts that are to be deducted should be indicated with a minus sign.) Pavolik Company Statement of Cash Flows (partial) 10 Required 1 Required 2 0621 points Prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Pavolik Company Statement of Cash Flows Operating activites Book Investing activites Hot Geferences Financing activities Beginning cash and cash equivalents Ending cash and cash equivalents > 10 062 pots Asset and Contra-Asset Accounts Cash Accounts receivable Inventory Prepaid expenses Long tere Investments Property, plant, and equipment Accumulated depreciation D Decrease Increase. $150 Liabilities and Stockholders Equity Accounts Accounts payable $197 Accrued liabilities $40 Income taxes payable 5477 $ 190 $241 $141 Bonds payable 5360 Common stock $3201 Retained earnings $671 $164X $760 5671 etlook 10% eferences Long-term investments that cost the company $16 were sold during the year for $36 and land that cost $35 was sold for $19. In addition, the company declared and paid $13 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year Pavolik did not retire any bonds during the year or issue any new common stock The company's income statement for the year follows Sales Cost of goods sold Gress margin Net operating Incone Nonoperating items Loss on sale of land Gain on sale of investments Income before taxes) Income Taxes Set Income 5870 376 434 370 134 1 (16) 20 128 The company's beginning cash balance was $118 and its ending balance was $103. 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 10 062 points 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. Complete this question by entering your answers in the tabs below. eBook THAL References Required 1 Required 2 Use the indirect method to determine the net cash provided by operating activities for the year. (Adjustment amounts that are to be deducted should be indicated with a minus sign.) Pavolik Company Statement of Cash Flows (partial) 10 Required 1 Required 2 0621 points Prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts.) Pavolik Company Statement of Cash Flows Operating activites Book Investing activites Hot Geferences Financing activities Beginning cash and cash equivalents Ending cash and cash equivalents >