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Statement of Cash Flows-four (4) questions Instructions: Please use the indirect method to prepare a Statement of Cash Flows on your scratch paper based on the following Income Statement. Balance Sheet, and Additional Information shown below to answer this question and the next three (3) questions: Question: Based on the Statement of Cash Flows you prepared on your scratch paper, what is the amount of the Operating cash flows? Income Statement December 31, 20xx Revenue 1.150.000 Cost of Goods Sold 850.000 300.000 Gross Profit 40,000 Depreciation Expense Sales General, and Admin Expenses 80,000 Operating Income 180,000 Gain on Sale of Equipment 40,000 Net Income 220,000 Balance Sheet December 31, 20 Current Year Prior Year Change Assets CA Cash 315.000 50000 A Rechte von 16477 275.000 150.000 100 000 365.000 0.767 5000 ni Market Seuns 150.000 450.000 1.200.767 500,000 1.000.000 To Assets bities and Stockholders 300.000 Ches As Payable Deferred over e Pavable 10 DOO 210.000 100.000 SOCO 200,000 20.000 25.000 50.000 Long terme Now Donde PV 0767 190767 100 000 150.000 100,000 Steder buty Commons 14000 000 100.000 100.000 1000 DOO sos.000 1.200,767 205.000 and Socialders *50.000 Meter for at "Now 140.767 notes wat exchochdring the pred no change to bond payable www.ther for cabin the mount of $10.000 de 15.000 Question 38 Statement of Cash Flows Question Based on the Statement of Cash Flows you creared on your scratch paper, what the amount of the investing cash flow? win the lank with you alted rumber. DO NOT include commarstens, period decimal points, etc, just enter the raw number. For example, if you calculated the answer to be $24.123 you would only 24123 Webcourses will add commes to your answer Question 39 Statement of Cash Flows Question Based on the Statement of Cash Flows you prepared on your scratch paper wat is the amount of the Financing cash flows? Finthe bank with your skuld be. DO NOT Hclude.com. $ ven period, decimal points, etc. just enter the raw number for example, if you calculated the answer to be $24,123 you would only 24123 Webcourses will add commes to your answer Based on the income tance and down below and the Statement of Cash Flows you prepared on your scratch How much did the actual cash account change over this porod with your de DO NOT ton periode points wmber. For example, if you couted the newer to be $24.123 you would only input 24123 Who do you