Question: SP 12 Serial Problem Business Solutions (Indirect) (Static) LO P2, P3 Santana Rey, owher of Business Solutions, decides to prepare a statement of cash flows





SP 12 Serial Problem Business Solutions (Indirect) (Static) LO P2, P3 Santana Rey, owher of Business Solutions, decides to prepare a statement of cash flows for her business using the following financial data. BUSINESS SOLUTIONS Comparative Balance Sheets Required: Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31,2022 . Required: Owner Santana Rey contributed 525,000 to the business in exchange for additional stock in the first quarter of 2022 and has recelved $4,800 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.) Required: Prepare a statement of cash fiows for Business Solutions using the indirect method for the three months ended March 31 , 2022 Owner Santana Rey contributed $25,000 to the business in exchange for additional stock in the first quarter of 2022 and has received $4,800 in cash dividends. (Amounts to be deducted should be indicated with a minus sign.) Changes in current assets and current liabilities Cash flows from investing activities Net cash used in investing activities Cash flows from financing activities
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