Question: statement of cash flows part A) indirect method part b) free cash flow will ask in two parts if necessary. You work in the finance

You work in the finance department for Cash, Bucks & Dough, Co. and are preparing the yeatly Statement of Cash Flows for the company. You will use the following information below to complete the statement Directions: A) Using the information below and the template on the next tab, prepare a statement of cash flows (inditect method). B) Also using the template on the next tab, compute free cash flow. C) Respond to the analysis question at the bottom of the template using the information prepared in A) and B). 2 3 Helpful tip: If you need a vetteshe on how to complete this project watch M2 Part 2 4 Example from Professor, you M2 Discussion Recording from Alains, and review your 5 15 Cash, Bucks & Dough, Co. Cash, Bucks & Do 7 Comparative Balance Sheet Income Staten 78 December 31 For the Year ended Dece 19 20 2020 2019 Sales revenge 21 Assets Cost of goods sold 22 Cash $6,200 $4,300 Gross profit 23 Accounts Receivable 7,200 7,500 Operating expenses 24 Inventory 30,000 35,300 Income from before pain and to 25 Property, plant & equipment, net 211.500 215.300 Gain on sale of machinery 25 Total Assets 3254,900 $262,400 Tesco Despense 27 Net income 28 Liabilities and Stockholders' Equity Type here to search O View Hole Garamond XC Copy - Foma ir Clio 12AA == 1 Wilt Gen Nima Bas RE $%9A Condition form Fanating Table C Check mart 17 Hunt 10 D C Cash, Bucks & Deogh, Co Comparative Balance Sheet December 31 G H Cash, Backs & Doogl, C. Become Statement For the Yek ended December 31, 2020 2020 2019 17 13 19 20 21 22 23 24 25 26 27 28 $12.300 69.500 Assets Cash Accounts Recerrable Lovestory Property, plante equipment, Total Assets 58300 56.200 7,200 30,000 211.500 $254.300 54.900 7.500 38.500 215,00 $262,400 Siles Cost of goods sold Gross profe Income from before gode Gone of machinery acoperte Net income 46.900 11,600 1.600 800 312,400 20 VO 31 32 31 Liabilities and Stockholders' Equity Accounts parable Accued wages parable Accrued tilts payable Bonds payable Total liabilities Common stock Red Total Stockholders' Equity Total Liabilities and Stockholders' Equ 51600 2,100 2.500 67.000 68,200 125,000 61.700 156,200 254,000 $7000 2200 2.600 6000 73.800 115.000 73.600 180,000 $262.000 35 36 37 30 39 40 41 42 43 4 45 46 Additional data 1 Depreciation expense of $2.500 is included in the Operating Express on the ocene 2 Machinery with a goal cost of $2.000 sold for $20,000. The pain on tulemus 31,600 3. On June 1, 2000, the compray purchased mere land for cash cost of $18,100 4 The company paid $24.300 casi duidende for the yea Ercal Project Template Type here to search
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