Drop down options for box 1:

contribution margin, gross margin, net income, or sales

Drop down options for box 2:

adjustments to convert contribution margin to a cash basis

adjustments to convert gross margin

adjustments to convert net income to a cash basis

adjustments to convert sales to a cash basis

Drop down options for box 3:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 4:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 5:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 6:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 7:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 8:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 9:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 10:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 11:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 12:

additions to long-term investments

additions to property, plant, and equipment

cash dividends

decrease in accounts payable

Drop down options for box 13:

net cash provided by operating activities

net cash used in operating activities

Drop down options for box 1:

net cash provided by financing activities

net cash provided by investing activities

net cash provided by operating activities

net cash used in financing activities

net cash used in investing activities

net cash used in operating activities

Drop down options for box 2:

additions to long-term investments

additions to property, plant, and equipment

cash dividends paid

decrease in accounts payable

Drop down options for box 3:

additions to long-term investments

additions to property, plant, and equipment

cash dividends paid

decrease in accounts payable

Drop down options for box 4:

additions to long-term investments

additions to property, plant, and equipment

cash dividends paid

decrease in accounts payable

Drop down options for box 5:

additions to long-term investments

additions to property, plant, and equipment

cash dividends paid

decrease in accounts payable

Drop down options for box 6:

net cash provided by financing activities

net cash provided by investing activities

net cash provided by operating activities

net cash used in financing activities

net cash used in investing activities

net cash used in operating activities

Drop down options for box 7:

additions to long-term investments

additions to property, plant, and equipment

cash dividends paid

decrease in accounts payable

Drop down options for box 8:

additions to long-term investments

additions to property, plant, and equipment

cash dividends paid

decrease in accounts payable

Drop down options for box 9:

additions to long-term investments

additions to property, plant, and equipment

cash dividends paid

decrease in accounts payable

Drop down options for box 10:

additions to long-term investments

additions to property, plant, and equipment

cash dividends paid

decrease in accounts payable

Drop down options for box 11:

net cash provided by financing activities

net cash provided by investing activities

net cash provided by operating activities

net cash used in financing activities

net cash used in investing activities

net cash used in operating activities

Drop down options for box 12:

net decrease in cash

net increase in cash

Exercise 15-4 (Algo) Prepare a Statement of Cash Flows [LO15-1, LO15-2] The following changes took place last year in Pavolik Company's balance sheet accounts: D= Decrease; I = Increase Long-term investments that cost the company $11 were sold during the year for $26 and land that cost $25 was sold for $14. In addition, the company declared and paid $8 in cash dividends during the year. Besides the sale of land, no other sales or retirements of plant and equipment took place during the year. Pavolik did not retire any bonds during the year or issue any new common stock. The company's income statement for the year follows: The company's beginning cash balance was $108 and its ending balance was $98. Required: 1. Use the indirect method to determine the net cash provided by operating activities for the year. 2. Prepare a statement of cash flows for the year. Complete this question by entering your answers in the tabs below. Use the indirect method to determine the net cash provided by operating activities for the year. (Adjustment amounts that are to be deducted should be indicated with a minus sign.) Complete this question by entering your answers in the tabs below. Prepare a statement of cash flows for the year. (List any deduction in cash and cash outflows as negative amounts