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Prepare a Statement of cash Flow using the INDIRECT method

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Question - Prepare a Statement of cash Flow using the INDIRECT method. Not all accounts listed may be used in solving this problem

Cash December 31 2020 $980,000.00

Cash December 31 2021 ?

Purchased stock of BBB $75,000.00

Purchased bonds of DDD $66,000.00

Net Income $800,000.00

Paid Mortgage $150,000.00

Depreciation Expense $35,000.00

Decrease in inventory $22,000.00

Decrease in accounts receivable $33,000.00

Decrease in prepaid insurance $25,000.00

Increase in accounts payable $11,000.00

Increase in salaries payable $ 12,000.00

Intangible Assets $64,000.00

Net Assets without donor restrictions $51,000.00

Patient revenue $77,000.00

Auxiliary revenue $29,000.00

Reference no: EM133091135

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