Winder Corporation is preparing its statement of cash flows for the past year. The company has gathered the following information about the past year just ended on December 31st.

Requirement
Prepare a statement of cash flows for the past year using the indirect method.

Transcribed Image Text:

$10,000 $33,000 $ 9,000 $ 6,000 $22,000 900 $87,000 $11,000 $9,000 $17,000 $ 300 term liabilities4,000 $ 1,000 Retire bond payable(long-term.. Paid dividends in cash Decrease in inventory Decrease in accounts receivable Increase in saies payable Depreciation expense Increase in prepaid insurance Sold land (investment) Increase in interest payable Cash balance, beginning of year. .. Increase in taxes payable Purchase of new computer system Net income $89,000