require the Indirect Method for computations of cash flows:

24] The following information is available for Basset Company. In preparation of the Statement of Cash Flows

Net Income	$468,750
Depreciation Expense	$123,750
Loss on sale of equipment	$7,500
Increase in accounts receivable	$157,500
Increase in inventory	$202,500
Decrease in pre-paid expenses	$7,500
Decrease in accounts payable	$26,250

Required: compute the amount of Cash provided by Operating Activities.

Solution:
Cash Flow from Operating Activities:

B] Selected information from Pryor Company's 2013 accounting records is as follows:

Proceeds from issuance of common stock $ 770,000

Proceeds from issuance of bonds 2,240,000

Dividends received from 10% investment in XYZ Co. 210,000

Cash dividends on common stock paid 336,000

Cash dividends on preferred stock paid 126000

Purchases of treasury stock 385,000

Calculate Pryors Cash flows from Financing Activities for the year ended December 31, 2013.

		Financing Activities
Item	Amt.	Cash Flow Effect
Net Cash Provided by Financing Activities: