14 Provided below, in random order, are line items to be included in A Company's statement of cash flows. Using the basic format provided, complete the statement of cash flows. When completed correctly, there will be one blank row at the bottom of each section. (Amounts to be subtracted and negative values should be indicated by a minus sign.) Purchase of equipment with cash Increase in inventory $220,000 30,000 10,000 Increase in prepaid rent Payment of cash dividends Depreciation expense 40,000 20,000 Increase in accounts receivable 60,000 Increase in accounts payable Loss on sale of land 10,000 7,000 Net Income 70,000 Repayment of notes payable 50,000 3,000 Cash received from the sale of land Issuance of common stock for cash. 250,000 A COMPANY Statement of Cash Flows i For the year ended December 31 Cash Flows from Operating Activities Adjustments for noncash effects: Changes in current assets and current liabilities: 181 points 01:27:33 14 18 points 01:27:30 A COMPANY Statement of Cash Flows For the year ended December 31 Cash Flows from Operating Activities Adjustments for noncash effects: Changes in current assets and current liabilities: Net cash flows from operating activities Cash Flows from Investing Activities Net cash flows from investing activities Cash Flows from Financing Activities Net cash flows from financing activities Net increase (decrease) in cash Cash at the beginning of the period Cash at the end of the period $ (50,000) 95,000 45,000