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Statement of Cash Flows The following items involve the cash flow activities of Rocky Horror...

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Accounting

Statement of Cash Flows The following items involve the cash flow activities of Rocky Horror Picture Co.: Net income, $53,100 Payment of dividends, $15,100 Ten-year, $28,900 bonds payable were issued at face value Depreciation expense, $16,600 Building acquired at a cost of $31,600 Accounts receivable decreased by $3,500 Accounts payable decreased by $4,600 Equipment acquired at a cost of $8,400 Inventories increased by $7,600 Beginning cash balance, $12,800 Required: Prepare Rocky Horror Pictures statement of cash flows using the indirect method. Use a minus sign for any negative amounts. ROCKY HORROR PICTURE CO. Statement of Cash Flows For Year Ended December 31, Current Year Operating Activities: $- Select - Adjustments for differences between income flows and cash flows from operating activities: - Select - - Select - - Select - - Select - $- Select - Investing Activities: $- Select - - Select - - Select - Financing Activities: $- Select - - Select - - Select - $- Select - - Select - $- Select - Check My Work

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