Now, let's prepare Dunder Mifflin's Statement of Cash Flows using the information

comparative balance sheet we prepared

Now, let's prepare Dunder Mifflin's Statement of Cash Flows using the information

comparative balance sheet we prepared:Statement of Cash Flows

Cash Flows from Operating Activities:

Net Income

$18,350$

Adjustments to Reconcile Net Income to Net Cash

Provided by Operating Activities:

Depreciation

Changes in Current Assets & Current Liabilities:

Increase in Account Receivable

Decrease in Inventory

Decrease in Prepaid Advertising

Increase in Accounts Payable

Increase in Salaries & Commissions Payable

Increase in Taxes Payable

Net Cash Provided by Operating Activities

Cash flows from investing activities:

Net Cash Used in Investing Activities

Cash flows from financing activities:

Net Cash Used In$/$Provided by Financing Activities

Net increase $($decrease$)$ in cash

Cash, Beginning of Year

Cash, Year$-$to$-$DateNow, let's prepare Dunder Mifflin's Statement of Cash Flows using the information

comparative balance sheet we prepared: