Question: Please correct all wrong answers for the question and show work Joyner Company's income statement for Year 2 follows: Its balance sheet amounts at the
Please correct all wrong answers for the question and show work




Joyner Company's income statement for Year 2 follows: Its balance sheet amounts at the end of Years 1 and 2 are as follows: Equipment that had cost $30,200 and on which there was accumulated depreciation of $10,300 was sold during Year 2 for $29,900 The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. (List any deduction in cash outflows as negative amounts.) Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. (List any deduction in cash outflows as negative amounts.) Equipment that had cost $30,200 and on which there was accumulated depreciation of $10,300 was sold during Year 2 for $29,900 The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Equipment that had cost $30,200 and on which there was accumulated depreciation of $10,300 was sold during Year 2 for $29,900. The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute the free cash flow for Year 2. (Negative amount should be indicated by a minus sign.) Joyner Company's income statement for Year 2 follows: Its balance sheet amounts at the end of Years 1 and 2 are as follows: Equipment that had cost $30,200 and on which there was accumulated depreciation of $10,300 was sold during Year 2 for $29,900 The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. (List any deduction in cash outflows as negative amounts.) Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. (List any deduction in cash outflows as negative amounts.) Equipment that had cost $30,200 and on which there was accumulated depreciation of $10,300 was sold during Year 2 for $29,900 The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Equipment that had cost $30,200 and on which there was accumulated depreciation of $10,300 was sold during Year 2 for $29,900. The company declared and paid a cash dividend during Year 2. It did not retire any bonds or repurchase any of its own stock. Required: 1. Using the indirect method, compute the net cash provided by/used in operating activities for Year 2. 2. Prepare a statement of cash flows for Year 2. 3. Compute the free cash flow for Year 2. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute the free cash flow for Year 2. (Negative amount should be indicated by a minus sign.)
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