Answer:
Explanation:
The statement of cash flow is given below;
SAFFORDVILLE COMPANY
CASH FLOW STATEMENT
Cash flow from operating Activities
Net Income $112660
Add or subtract that effect net income
Depreciation $30500 $30500
Changes in operating Assets & Liabilities
Cash(102700-33400) $69300
Accounts receivable(37000-60800) $-23800
Inventory(102650-126900) -$24250
Equipment(205000-315000) -$110000
Investments(107000-79500) $27500
Accounts Payable(57000-48280) $8720
Accrued expenses payable(15100-18830) -$3730
Bond payable(145000-70000) $75000
Common stock(250000-200000) $50000
Retained earnings(172600-107940) $64660
New equipment purchased in cash -$146000
(assume that which is not considered
in given Balance sheet)
Cash Dividend -$48000 -$60600
(assume that which is not
considered in the given
Balance sheet)
Net Cash Balance as on 31.12.2017 $82560
