84 the following is a list of items to be included in the 2016 statement of cash flo 4313547

84 the following is a list of items to be included in the 2016 statement of cash flo 4313547

84. The following is a list of items to be included in the 2016 statement of cash flows for the Winter Company:

Beginning cash balance

$ 90,000

Decrease in accounts payable

4,000

Increase in accounts receivable

3,000

Payment of dividends

6,000

Loss on sale of equipment

3,000

Decrease in prepaid expenses

1,000

Proceeds from bonds

46,000

Depreciation expense

12,000

Purchase of building

80,000

Net loss

32,000

Decrease in inventory

6,000

Proceeds from sale of equipment

10,000

?

Required:
Prepare the 2016 statement of cash flows using the visual method.

85. The account balance information for Miller Company at the end of 2016 and 2017 and related 2017 activities are presented below:

?

December 31

Liabilities and Equities:

2017

2016

?

?

?

Accounts Payable

$   250,000

$   230,000

Deferred Tax Liability, noncurrent

80,000

60,000

Bonds Payable, long-term

500,000

200,000

Common Stock, $1 par

110,000

80,000

Additional Paid-in Capital

423,000

130,000

Retained Earnings

     470,000

    390,000

?

Total Liabilities and Equities

$1,833,000

$1,090,000

Additional information for 2017 activities:

·

Bonds payable in the amount of $125,000 were converted into 12,000 shares of common stock.

·

Additional common stock was issued for cash of $11 per share.

·

The only changes in retained earnings in 2017 were a result of net income and cash dividends.

·

Other than the bond conversion, the only transaction affecting bonds payable during 2017 was the issue for cash at face value of new bonds payable.

·

Net income for the year 2017 was $200,000.

?

Required:
Compute the net cash provided by financing activities for the Miller Company using the visual inspection method.

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