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How transactions affect the statement of cash flows

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Question - The following transactions occurred during the year for ABC Corporation:

a. During the year, trading debt securities were purchased for $55,000.

b. During the year, available-for-sale debt securities were purchased for $185,000.

c. During the year, trading debt securities that are carried on the balance sheet at their fair value of $120,000 were sold for $120,000 cash.

d. At the end of the year, the trading debt securities portfolio has an aggregate market value of $145,000 and an aggregate cost of $153,000.

e. At the end of the year the available-for-sale debt securities purchased in b. have an aggregate market value of $96,000.

How do these transactions affect the statement of cash flows using the indirect method? They're all separate transactions.

Reference no: EM132426782

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