Question: :28 PM/Remaining: 99 min. CALCULATOR FULL SCREEN PRINTER VERSION BA Exercise 192 The following information is available for Chenard Corporation for the year ended December

 :28 PM/Remaining: 99 min. CALCULATOR FULL SCREEN PRINTER VERSION BA Exercise
192 The following information is available for Chenard Corporation for the year
ended December 31, 2017 Beginning cash balance Accounts payable decrease Depreciation expense
$35,000 3,200 76,000 8,200 Accounts receivable increase Inventory increase 269,100 35,000 747,000

:28 PM/Remaining: 99 min. CALCULATOR FULL SCREEN PRINTER VERSION BA Exercise 192 The following information is available for Chenard Corporation for the year ended December 31, 2017 Beginning cash balance Accounts payable decrease Depreciation expense $35,000 3,200 76,000 8,200 Accounts receivable increase Inventory increase 269,100 35,000 747,000 12,000 4,700 144,000 32,000 206,000 Net income Cash received for sale of land at book value Sales revenue Cash dividends paid Income tax payable increase Cash used to purchase building Cash used to purchase treasury stock Cash recelved from issuing bonds Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with elther a -sign e.g -15,000 or in parenthesis e.g.(15,000).) Cash Flows-Indirect Method For the Year Ended December 31, 2017 3 4 7

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