Blossom Company prepared the tabulation below at December 31, 2022 Net Income=$307,100 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense=$32,100 Decrease in accounts receivable=$50,100 Increase in inventory=$12.100 Decrease in accounts payable=$8,700 Increase in income taxes payable:$1,600 Loss on sale of land=$5,100 Net cash provided (used) by operating activities

Hampton Company reports the following information for its recent calendar year. Selected Year-End Balance Sheet Data Accounts receivable increase $ 77,000 Inventory decrease 41,000 Salaries payable increase 12,000 4,000 $ 20,000 Income Statement Data Sales Expenses: Cost of goods sold Salaries expense Depreciation expense Net income Required: Prepare the operating activities section of the statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows (partial) Cash flows from operating activities-indirect method Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash $ 5,000 5,000 900 Changes in current operating assets and liabilities

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Reporting Net Cash Flow from Operating Activities The following information is available for Bernard Corporation for 2019: Net income $199,000 Decrease in accounts receivable 6,400 Increase in inventory 18,300 Decrease in prepaid rent 2,100 Increase in salaries payable 4,410 Decrease in income taxes payable 4,270 Increase in notes payable (due 2023) 50,000 Depreciation expense 44,700 Loss on disposal of equipment 11,000 Required: Compute the net cash flows from operating activities using the indirect method.

Cash Flows from (Used for) Operating Activities The net income reported on the income statement for the current year was $137,500. Depreciation recorded on store equipment for the year amounted to $22,700. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:   Endof Year Beginningof Year Cash $53,350   $48,550   Accounts receivable (net) 38,250   35,880   Merchandise inventory 52,230   54,620   Prepaid expenses 5,870   4,610   Accounts payable (merchandise creditors) 49,990   45,930   Wages payable 27,320   30,000   a.  Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments.

Cash Flows from (Used for) Operating Activities The net income reported on the income statement for the current year was $154,700. Depreciation recorded on store equipment for the year amounted to $25,500. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows:   Endof Year Beginningof Year Cash $61,730 $56,790 Accounts receivable (net) 44,260 41,970 Merchandise inventory 60,430 63,890 Prepaid expenses 6,790 5,400 Accounts payable (merchandise creditors) 57,840 53,720 Wages payable 31,610 35,100 a.  Prepare the Cash Flows from (used for) Operating Activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash outflows, cash payments, decreases in cash, or any negative adjustments. Statement of Cash Flows (partial) Cash flows from operating activities: - Net income  $ Adjustments to reconcile net income to net cash flows from (used for) operating…

The balance sheet data of Blossom Company at the end of 2025 and 2024 are shown below. 2025 2024 Cash $7,500 $9,900 Accounts receivable (net) 80,500 87,700 Merchandise inventory 85,800 79,600 Prepaid expenses 9,000 12,000 Equipment 171,500 145,500 Accumulated depreciation-equipment (45,100) (36,500) Land 30,200 50,100 Total assets $339,400 $348,300 Accounts payable $45,200 $57,600 Accrued expenses 11,100 9,000 Notes payable-bank, short-term -0- 49,100 Bonds payable 19,900 -0- Common stock, $1 par 181,000 161,000 Retained earnings 82,200 71,600 Total liabilities and shareholders' equity $339,400 $348,300 Equipment was purchased for $20,000 in exchange for common stock, par $20,000, during the year; all other equipment purchased was for cash. Land was sold for $31,700. Cash dividends of $7,100 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. -12,000 or in parenthesis e.g. (12,000).) (a) Net cash…

Net income Depreciation expense Accounts receivable increase (decrease) Inventory increase (decrease) Accounts payable increase (decrease) Accrued liabilities increase (decrease) Twix $ 7,200 54,000 72,000 (36,000) 43,200 (79,200) Dots $ 180,000 14,400 36,000 (18,000) (39,600) 21,600 Cash Flows from Operating Activities (Indirect) Twix Adjustments to reconcile net income to net cash provided by operating activities: Income statement items not affecting cash Changes in current operating assets and liabilities Skor $ 129,600 43,200 (7,200) 18,000 For each separate company, compute cash flows from operations using the indirect method. Note: Amounts to be deducted should be indicated by a minus sign. 25, 200 (14,400) Dots Skor

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Net Cash Flow From Operating Activities Verna Company's records provided the following information for 2019: decrease in accounts payable, $4,000 loss on sale of land, $1,100 increase in inventory, $7,100 increase in income taxes payable, $2,800 net income, $68,500 patent amortization expense, $1,200 ordinary loss, $6,300 decrease in deferred taxes payable, $2,200 amortization of discount on bonds payable, $1,800 payment of cash dividends, $22,000 depletion expense, $4,800 decrease in salaries payable, $1,900 decrease in accounts receivable, $3,800 gain on sale of equipment, $6,900 proceeds from issuance of stock, $62,000 ordinary gain, $4,000 depreciation expense, $10,000 amortization of discount on investment in bonds, $1,700 Required Prepare the operating activities section of Verna's 2019 statement of cash flows using the indirect method. Use a minus sign to indicate cash outflows or decreases in cash.