Summer $2023-$ Financial Accounting $-$ FINAL

STATEMENT OF CASH FLOWS $-$ Problem $11(10$ points$)$

Please prepare the full Statement of Cash Flows for TennisPros Corp. for fiscal year $2021.$ Use the indirect method for the operating section and don't forget to prepare the investing and financing sections. The information below is everything you need $($and some you don't$)$:

$\backslash$table$[[$Sales$,4,500],[$COGS$,2,100],[$SG&A Expense,$820],[$Depreciation expense,$280],[$Loss on Sale of PP&E$,500],[$Net Income,$800],[,],[$Cash Proceeds from Stock Issuance,$850],[$Cash Proceeds from Sale of PP&E$,920],[$Cash Payments for Loan Repayment,$600],[$Cash Payment for purchase of a patent,$300],[$Cash Payment for purchase of Land,$1,650],[$Cash Payment of common Dividends,$200],[$Value of a machine bought on credit,$700]]$

Change in current Balance Sheet accounts:

$\backslash$table$[[$Cash increase,$970],[$Accounts Receivable increase,$900],[$Inventory decrease,$810],[$Accounts Payable increase,$560],[$Unearned Revenue decrease,$100],[$Current portion of long$-$term debt decrease,$250]]$