The following are account balances (in thousands) at December 31, 20X1, for Sunview Hospital. Prepare a...

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The following are account balances (in thousands) at December 31, 20X1, for Sunview Hospital. Prepare a statement of cash flows for the year ended December 31, 20X1. (Hint: the amounts have been stated as positive or negative numbers as they affect cash flow.) Givens (in '000s) Decrease in prepaid expenses Payments on long-term debt Cash and cash equivalents at beginning of the year Increase in inventory Increases in long-term debt Decrease in accrued expenses Change in net assets Sale of long-term investments Increase in other current liabilities Depreciation Payments on capital lease Purchases of equipment Increase in net account receivables Increase in accounts payable $5,500 ($9,000) $34,000 ($4,300) $75,000 ($3,400) $28,500 $71,000 $6,600 $10,600 ($9,100) ($77,000) ($30,000) The following are account balances (in thousands) at December 31, 20X1, for Sunview Hospital. Prepare a statement of cash flows for the year ended December 31, 20X1. (Hint: the amounts have been stated as positive or negative numbers as they affect cash flow.) Givens (in '000s) Decrease in prepaid expenses Payments on long-term debt Cash and cash equivalents at beginning of the year Increase in inventory Increases in long-term debt Decrease in accrued expenses Change in net assets Sale of long-term investments Increase in other current liabilities Depreciation Payments on capital lease Purchases of equipment Increase in net account receivables Increase in accounts payable $5,500 ($9,000) $34,000 ($4,300) $75,000 ($3,400) $28,500 $71,000 $6,600 $10,600 ($9,100) ($77,000) ($30,000)

Answer rating: 100% (QA)

Statement of Cash Flows for the year ended December 31 20X1 for Sunview Hospital Operating Activitie... View the full answer