Question: Using the following data, construct a Statement of Cash Flows for Raider Co. to determine the increase or decrease in cash. [75 points] a. Decrease
Using the following data, construct a Statement of Cash Flows for Raider Co. to determine the increase or decrease in cash. [75 points] a. Decrease in inventory b. Increase in accounts receivable C. Depreciation d. Decrease in accounts payable e. Purchase of land f. Gain on sale of equipment g. Receipt of dividends h. Loss on sale of bldg. i. Payment of dividends j. Beginning cash balance k. Net Income 1. Sale of equipment m. Purchase of equipment n. Purchase of Treasury Stock o. Issuance of Common Stock p. Purchase of Equipment w bond q. Sale of Building $10,000 $37,000 $5,000 $15,000 $50,000 $17,100 $5,000 $1,300 $12,000 $74,900 $27,000 I $35,000 $117,000 $95,000 $110,000 $59,000 $75,000 Notes: Purchased equipment with a $59,000 bond
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