Answer:
a. $131,900
b. -$85,200
c. -$26,200
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
a. Cash flow from Operating activities - Indirect method
Net income $98,300
Adjustment made:
Add : Depreciation expense $32,200
Less: Increase in accounts receivable -$13,400
Add: Decrease in inventory $16,500
Less: Decrease in accounts payable -$18,700
Add: Increase in income tax payable $4,300
Add: Increase in accrued liabilities$17,100
Less: Increase in prepaid expenses -$4,400
Total of Adjustments $33,600
Net Cash flow from Operating activities $131,900
b. Cash flow from Investing activities
Purchase of Long-term investments - $10,300
Purchase of Property, plant, and equipment -$74,900
Net Cash flow from Investing activities -$85,200
c. Cash flow from Financing activities
Cash dividends declared and paid -$4,200
Repayment of bonds payable -$64,800
Issuance of common stock $42,800
Net Cash flow from Financing activities -$26,200
