Question: Please need help on the REQUIRED 1 through 4 please. will thumbs up. PROBLEM 15-13 Prepare and Interpret a Statement of Cash Flows; Free Cash


PROBLEM 15-13 Prepare and Interpret a Statement of Cash Flows; Free Cash Flow [9 LO15-1, LO15-2, LO15-3 Mary Walker, president of Rusco Company, considers $14,000 to be the minimum cash balance for operating purposes. As can be seen from the following statements, only $8,000 in cash was available at the end of this year. Since the company reported a large net income for the year, and also issued both bonds and common stock, the sharp decline in cash is puzzling to Ms. Walker. (1) Pagie fuiced to losd Pindesenetish and tro mpkin. The following additional information is available for this yeat Pript 729 a. The company dectared and pais a cash dividend. b. Equipment was sold during the year for 58.000 . The equipmets orieinally cont 520.000 and had accumulated depteciation of 510,900 c. Longterm investments that corst $20.000 wete sold daring the yeat for $30,000 4. The company did not retitc any bonds payable of reparchave any of its cotrmon stock Required: 4. Usinz the indirect method, compute the net cash provided by operating activities for this rear: 2. Using the data fram (1) abere; and ocher data from the problem as needect. prepare a statement of cash therss for this year 3. Compate fece cash flow for this yeat. 4. Explain the major reasons foe the decline in the company's eath balance
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