Question: Can someone please assist with solving the homework question below. I have tried several times. Jackson Software Corp. has assembled the following data for the
Can someone please assist with solving the homework question below. I have tried several times.
Jackson Software Corp. has assembled the following data for the years ending December? 31, 2016 and 2015.
Prepare Jackson Software? Corp.'s statement of cash flows using the indirect method to report operating activities. Include an accompanying schedule of noncash investing and financing activities.
Start by completing the cash flows from operating activities. Then complete the remaining sections of the statement of cash flows including the schedule of noncash investing and financing activities. ?(Use parentheses or a minus sign for numbers to be subtracted and for a net decrease in? cash.




December 31, 2016 Current Accounts: Current assets: Cash and cash equivalents $ 77,200 $ Accounts receivable 70,100 Inventories 8,000 Prepaid expenses 3,100 Current liabilities: Accounts payable $ 57,700 $ 2015 23,000 64,400 84,000 2,000 55,700 by issuing common stock 47,000 Proceeds from sale of Purchase of long-term equipment 53,000 investment with cash 45,200 Amortization expense . 5,500\fTransaction Data for 2016: Acquisition of land by issuing Purchase of treasury stock ..... $ 14,600 long-term note payable ..... $ 195,000 Gain on sale of equipment ..... 8,000 Stock dividends ............... 40,100 Payment of cash dividends ..... 9,300 Collection of loan ............. 10,800 Issuance of long-term note Depreciation expense .......... 19,000 payable to borrow cash . . 34,000 Purchase of building Net income .................. 5,700 with cash .............. 97,000 Issuance of common stock Retirement of bonds payable for cash ............... 39,000 by issuing common stock . 47,000 Proceeds from sale of
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