Question: Whispering Ca . reported $ 1 5 t , 0 0 0 of ret income for 2 0 5 0 . The accountane, in preparing

Whispering Ca. reported $15t,000 of ret income for 2050. The accountane, in preparing the taberment of cach flows, noted the followive itemi occurning doring 2080 that might affect cash flows from operatireattives.
Whispering purchuned 100 shares of treasury itack at a cost of 520 pershare. Theseshanes mere then insold at $25 per share
Whipering sold 100 thares of imM commonat 51:0 per share. The acpu-tion coet of theet ihares was $150 per share: There were no uvreal ued cains or loskes neconded on this invertiment inacub. 2020, this percentage was increaned to 2 Sh. Net account for 2020 mere $289500 and net acoounts receivablie deoreased by $12200 during 2020. trancaction was 523 per thare.
Depredition expente is $42.500 $28.900 of net income tor 2000.
Nirvina Company paid a total of 52000 of cach divdends ts all investeen in 2000 price at dabe of lisuance wai $20 per thare.
Frepare a schedule that shows the net cash fow from ogeratine act weties uning the indrect method Ausume noltems other than those listed above affected the competation of 2017 fel cauh fow froes operatist acwines phew aneuph that decreme canh flow wh
Whymelace
4
Adustments to reconcike net incomet to
Whispering Ca . reported $ 1 5 t , 0 0 0 of ret

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