Edit Vew HistoryBookmarks Tools Window Help Help Save &Exit Submit nework 1 6 8 Problem 14-13 Prepare and Interpret a Statement of Cash Flows; Free Cash Flow [LO14-1, LO14-2, L014-3 Mary Walker, president of Rusco Company, considers $29,000 to be the minimum cash balance for operating purposes. As can be seen from the following statements, only $24,000 in cash was avallable at the end of this year Since the company reported a large net income for the year, and also issued both bonds and common stock, the sharp decline In cash is puzzling to Ms. Walker Coegarative Ralance Sheet at July 31 24,00D43,800 232,600 Prepaid expenses o0g-term inveatments Set plant and equipment Liabilities and Stockholders Equity 664 depre aton 214,500 1,308,500 1,224, 0e Current iabili 239.900 176,8d Total eurreat 1sabi1ities MacBook Pro 5 8 ????40