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Roland Corporation presented the following information which was extracted from its financial statements for the...

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Accounting

Roland Corporation presented the following information which was extracted from its financial statements for the years 2016 and 2015:

Net income $48000
Depreciation $18000
issuance of bonds payable $44000
payment of dividend $18000
purchase of equipment $140000
sale equipment $74000
increase in inventory $8000
issuance of common stock $19000
loss on sale of equipment $10000
Purchase of Treasury stock $5000
Increase in accounts payable $5000
Increase in accounts receivable $3000
Decrease in accrued liability $5000

Instructions:

1.Prepare a Statement showing the computation of the company's net cash flow provided by operating activities for the year ended December 31,2016.

2.Prepare a statement showing the computation of the company's net cash flow provided by financing activities for the year ended December 31,2016.

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