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The following information is available for Sunland Company for the year ended December 31, 2017. Beginning cash...

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Accounting

The following information is available for Sunland Company forthe year ended December 31, 2017.

Beginning cash balance$ 46,620
Accounts payable decrease3,833
Depreciation expense167,832
Accounts receivable increase8,495
Inventory increase11,396
Net income294,328
Cash received for sale of land at book value36,260
Cash dividends paid12,432
Income taxes payable increase4,869
Cash used to purchase building299,404
Cash used to purchase treasury stock26,936
Cash received from issuing bonds207,200



Prepare a statement of cash flows using the indirect method.(Show amounts that decrease cash flow with either a -sign e.g. -15,000 or in parenthesis e.g.(15,000).)

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