CALCULATOR STANDARD VIEW PRINTER VERSION BACK NEXT Exercise 188 Use the following information to perform the calculations below (using the indirect method) Clearly label the amount of each answer as positive or negative and show all your calculations. Beginning accounts payable Ending accounts payable Purchase of long-term assets Issuance of long-term debt Issuance of stock for cash Issuance of stock for long-term assets Purchase of treasury stock Sale of long-term investment at cost $401,000 Net income Depreciation expense Beginning accounts receivable 420,000 Ending accounts receivable 439,000 Beginning inventory Ending inventory Beginning prepaid insurance 42,000 Ending prepaid insurance $119,000 146,000 612,000 220,000 180,000 110,000 64,000 56,000 97,000 516,000 550,000 48,000 Calculate the amount of cash flows from operating activities. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. ( Cash flows from operating activities Calculate the amount of cash flows from investing activities. (Sho cash flosw with either a -sign e.g. -15,000 or in parenthesis e.g. (15,000)) w amounts that decrease Cash flows from investing activities Calculate the amount of cash flows from financing activities. (Show amounts that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g. (15,000).) Cash fiows from financing activities s Calculate the net change in cash. Net change in cash [D