Chrome File Edit View History Bookmarks Profiles Tab Window Help M O 31% Thu Apr 7 21:45 Q E ... G how to screenshot on mac - Gc x SF McGraw Hill Connect x Question 6 - Chapter 13 Quiz - x Course Hero X + F- CD * ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com. Watch Snatched (... " LindseyJones Uni.. ORS British Council IEL... S www.choosemypl... Chrome File Edit View History Bookmarks Profiles Tab Window Help M O 31% Thu Apr 7 21:46 Q QE ... G how to screenshot on mac - Gc x SF McGraw Hill Connect x Question 6 - Chapter 13 Quiz - x Course Hero X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com. Watch Snatched (... " LindseyJones Uni.. DRS British Council IEL... S www.choosemypl... & New Tab Chapter 13 Quiz i Saved Help Save & Exit Submit Rusco Company Income Statement 6 For This Year Ended July 31 Sales $ 840,000 Cost of goods sold 525, 000 Gross margin 315,000 Selling and administrative expenses 224, 700 Net operating income 90, 300 3.57 Nonoperating items: points Gain on sale of investments $ 21,000 Loss on sale of equipment (6,400) 14, 600 Income before taxes 104, 900 Income taxes 31, 460 Net income $ 73, 440 The following additional information is available for this year. a. The company declared and paid a cash dividend. b. Equipment was sold during the year for $45,600. The equipment originally cost $94,000 and had accumulated depreciation of $42,000. c. Long-term investments that cost $34,000 were sold during the year for $55,000. d. The company did not retire any bonds payable or repurchase any of its common stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for this year. 2. Prepare a statement of cash flows for this year. 3. Compute free cash flow for this year. Mc Graw Chrome File Edit View History Bookmarks Profiles Tab Window Help M O 31% Thu Apr 7 21:46 Q E ... G how to screenshot on mac - Gc x SF McGraw Hill Connect x Question 6 - Chapter 13 Quiz - x Course Hero X + * ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com. Watch Snatched (... " LindseyJones Uni.. DRS British Council IEL... S www.choosemypl... & New Tab Chapter 13 Quiz i Saved Help Save & Exit Submit Complete this question by entering your answers in the tabs below. 6 Required 1 Required 2 Required 3 Using the indirect method, compute the net cash provided by/used in operating activities for this year. (List any deduction in 3.57 cash and cash outflows as negative amounts.) points Rusco Company Statement of Cash Flows-Indirect Method (partial) Sales $ 840,000 Adjustments to convert sales to a cash basis: Decrease in accounts receivable $ 10,200 10,200 $ 850,200 Mc Graw Chrome File Edit View History Bookmarks Profiles Tab Window Help M O 31% Thu Apr 7 21:46 Q QE ... G how to screenshot on mac - Gc x SF McGraw Hill Connect x Question 6 - Chapter 13 Quiz - x Course Hero X + * ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com. Watch Snatched (... " LindseyJones Uni.. ORS British Council IEL... S www.choosemypl... Chrome File Edit View History Bookmarks Profiles Tab Window Help M O 31% Thu Apr 7 21:46 Q QE ... G how to screenshot on mac - Gc x SF McGraw Hill Connect x Question 6 - Chapter 13 Quiz - x Course Hero X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com. Watch Snatched (... " LindseyJones Uni.. ORS British Council IEL... S www.choosemypl... New Tab Chapter 13 Quiz i Saved Help Save & Exit Submit $42, UVU. c. Long-term investments that cost $34,000 were sold during the year for $55,000. 6 d. The company did not retire any bonds payable or repurchase any of its common stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for this year. 2. Prepare a statement of cash flows for this year. 3.57 3. Compute free cash flow for this year. points Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute free cash flow for this year. (Negative amount should be indicated by a minus sign.) Free cash flow Mc Graw