Question: Need help solving for increase in net contributions on statement of cash flows. Prepare a statement of cash flows for the year ended December
Need help solving for " increase in net contributions" on statement of cash flows.


Prepare a statement of cash flows for the year ended December 31, 2023. (List of ca sign. Round the intermediate and final answers to the nearest dollar amount) INVOLVE Statement of Cash Flows For the Year Ended December 31, 2023 Cash Flows from Operating Activities: Cash Received from Contributions 350,000 Cash Paid to Employees (209,560 Cash Paid to Suppliers (29.200) Net Cash Provided by Operating Activities 111 240 Cash Flows from Investing Activities Purchase of Equipment (13,000) Net Increase in Cash 98.240 Beginning Cash 0 Ending Cash 98,240 Reconciliation of Changes in Net Assets to Net Cash Provided by Operating Activities Change in Net Assets 290,840 Adjustments to Reconcile Changes in Net Assets to Net Cash Provided by Operating Activities: Depreciation 3.660 Increase in Net Contributions Receivable Increase in Accounts Payable 4,600 Increase in Salaries Payable 17,000 Gift of Furniture (10 600] Cash Provided by Operating Activities 5 305.500
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