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The following information is available for Carla Vista Corporation for the year ended December
Prepare a statement of cash flows using the indirect method. Show amounts that decrease cash flow with either a sign eg or in
parentheses eg
Adjustments to reconcile net income to
Net Cash Provided by Operating Activities
Increase in Accounts Payable
$
Decrease in Accounts Receivable
Decrease in Income Taxes Payable
Decrease in Inventory
Depreciation Expense
Net Cash Provided by Operating Activities
Cash Flows from Investing Activities
Sale of Land
Purchase of Land
Net Cash Provided by Investing Activities
Cash Flows from Financing Activities
Redemption of Bonds
Payment of Dividend
Issuance of Stock
Net Cash Provided by Financing Activities
Net Increase in Cash
Cash at Beginning of Period
Cash at End of Perio
$
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