Question: Instructions: 1. Calculate the year-over-year difference in column D, then whether the change was an increase or decrease (see Cash example). 2. Using the Indirect
Instructions:
1. Calculate the year-over-year difference in column D, then whether the change was an "increase" or "decrease" (see Cash example).
2. Using the Indirect Method for Operating Activities, complete the Statement of Cash Flows at the bottom of the file.


Lab $10 - Chapter 12 Statement of Cash Flows Name Instructions: 1. Calculate the year-ower-year difference in colurnn D, then whethar the change was an "incrense" or "docreasn" (sen Cash example). 2. Using the Indirect Method for Operating Activities, complete the Statement of Cash Flows at the bottom of the file. Additional Data: Assurne all transactions are for cash unless otherwise noled. Equipment in PPE is sold for $7500 cash. No purchases of PPE are made. Cost of equipment sold: 25,000 Accumulateddepreciationonequipmentsold15,000 Dividendsdeclaredandpaidincurrentyear3,700 Good Student Company Statement of Cash Flow (Indirect Method) December 31, 20XX
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