Answer:
<em>Cash generated for the period: 70,840</em>
<em />
Explanation:
<u>Operating Income </u>
Net income 143,220
Depreciation expense 52,360
<em>adjusted net income 195.580</em>
<em />
<u>Change in working capital:</u>
Accounts Receivable (18,480)
Inventory 33,880
Account Payable <u> (6,160) </u>
<em>Total Change 9,240</em>
<em />
<em>Cash generated from operating income 204,820</em>
<em />
<u>Investing Activities</u>
sale of land 30,800
purchase of equipment <u> (92,400) </u>
<em>Cash used from investing income (61,600)</em>
<u></u>
<u>Financing Activities</u>
issuance of stock 64,680
dividends paid (60,060)
redeem bonds <u> (77, 000) </u>
<em>Cash used from financing income (72,380)</em>
<em />
<em>Cash generated for the period: 70,840</em>
<em>Beginning Cash </em><u><em> </em></u><u>33,880 </u>
Ending Cash 104,720
