Reference no: EM132885232
Question - The following information is available for Bramble Corp. for 2022.
Cash used to purchase treasury stock $129,389
Cash dividends paid 58,642
Cash paid for interest 60,256
Net income 1,248,967
Sales revenue 2,157,380
Cash paid for taxes 266,310
Cash received from customers 1,522,809
Cash received from sale of building (at book value) 531,544
Cash paid for operating expenses 207,130
Beginning cash balance 29,590
Cash paid for goods and services 750,779
Cash received from issuing common stock 954,950
Cash paid to redeem bonds at maturity 538,000
Cash paid to purchase equipment 304,508
Required - How do you issue a statement of cash flows using the direct method.