In: Accounting
Below is the related information: Net income |
$200,000 |
Increase in unearned revenue |
12,000 |
Proceeds from issuance of common stock |
103,000 |
Increase in prepaid expense |
27,000 |
Sale of building at a $15,000 gain, cash proceed: |
80,000 |
Increase in accounts payable |
15,000 |
Purchase of equipment |
100,000 |
Payment of cash dividends |
24,000 |
Depreciation expense |
55,000 |
Decrease in accounts receivable |
23,000 |
Payment of long-term bonds |
75,000 |
Increase in short-term notes payable |
8,000 |
Sale of land at a $5,000 loss, cash proceed: |
40,000 |
Purchase of delivery van |
33,000 |
Cash at beginning of year |
205,000 |
Prepare the statement of cash flow.