Complete Statement of Cash Flows from Detailed Data
Using the following information, prepare a complete statement of cash flows.
|
(a) |
Cash balance, beginning |
$ 1,500 |
|
(b) |
Cash paid to purchase inventory |
7,800 |
|
(c) |
Cash received from sale of a building |
5,600 |
|
(d) |
Cash paid for interest |
450 |
|
(e) |
Cash paid to repay a loan |
1,000 |
|
(f) |
Cash collected from customers |
10,000 |
|
(g) |
Cash balance, ending |
??? |
|
(h) |
Cash received from issuance of new shares of common stock |
1,200 |
|
(i) |
Cash paid for dividends |
780 |
|
(j) |
Cash paid for income taxes |
1,320 |
|
(k) |
Cash paid to purchase machinery |
1,950 |