Question: Prepare cash flow statement using the indirect method for deluxe dining for the current year.? Additional Information:? a. All depreciation and amortization for both companies
Prepare cash flow statement using the indirect method for deluxe dining for the current year.?
Additional Information:?
a. All depreciation and amortization for both companies are related to net property and equipment.?
b. Other assets for both companies are associated with cash from investing activities.?
c. Other long-term liabilities for both companies pertain to cash from financing activities.?
d. For Deluxe Dining, the capital expenditure amounts for the current and prior years are ($5,426) and ($8,629) respectively. For Flavor Haven, the amounts are ($3,071) for the current year and ($7,242) for the prior year.?
e. Deluxe Dining's sale of equipment amounts to $19,386 for the current year and $0 for the prior year. Flavor Haven did not have any equipment sales.


Exhibit 1: Income Statement for DELUXE DINING CO. (US$ Thousands) Total revenue Store operating expenses Food & beverage Labour & benefits Occupancy & other Total Other operating expenses Depreciation and amortization General & administrative Asset impairment Operating income (loss) Interest expense Other losses and charges Gain on debt extinguishment Loss before income taxes Income tax expense (benefit) Net loss Current year Prior year Two years prior $ 441,588 $ 589,379 $ 650,261 $ 125,190 149,140 118,281 392,611 14,861 26,580 45,994 (38,458) 31,050 26,458 (32,912) (63,054) 375 168,222 191,034 156,517 515,773 19,639 31,011 49,110 (26,154) 35,305 22,651 (84,110) 11,150 (63,429) $ (95,260) $ 189,363 207,091 162,433 558,887 23,140 36,976 58,485 (27,227) 38,262 23,773 (89,262) (23,528) (65,734) Includes US$8,500 in credit for facility amendment and waiver fee.
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