Question: Current Attempt in Progress Here are comparative balance sheets for Waterway Company. Prepare a statement of cash flows-indirect method. Question 2 of 4 1,38/4 Additional




Current Attempt in Progress Here are comparative balance sheets for Waterway Company. Prepare a statement of cash flows-indirect method. Question 2 of 4 1,38/4 Additional information: 1. Net income for 2020 was $95,000. 2. Cash dividends of $35,000 were declared and paid. 3. Bonds payable amounting to $62,000 were redeemed for cash $62,000. 4. Common stock was issued for $43,000 cash. 5 Equipment that cost $51,000 and had s book value of $30,600 was sold for $36,600 during 2020; land was sald at cost. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-signes. 15,000 or in parenthesis eg. (15,000),1 Question 2 of 4 1.38/4 Net Cash Providex by Operating Activities 8 Cash Flows from Investing Activities: Sale of tand Sale of Equipment Purchase of Equipment Net Cash Used by Investing Activities \begin{tabular}{|r|} \hline 27,000 \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline63,000 \\ \hline \\ \hline \end{tabular} Canh Flows from Financing Activities Pyment of Cosh Dividends (35,000) Reifemgtion of Bonds (62000) Istuance of Common Stock 43,000 (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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