Please do not give solution in image format thanku M12-13 (Algo) Calculating Cash Flows [LO 12-5]Elemental Fuels started the year with $113,200 cash and reported net cash provided by operating activities of $227,500, cash paid fordividends of $46,600, cash received from stock issuance of $41,000, cash paid for equipment purchases of $155,500, cash paid forintangible assets of $116,500, and cash paid on bank loan of $40,500.Required:Calculate the following:1. Net cash provided by (used in) investing activities.2. Net cash provided by (used in) financing activities.3. Ending cash.Complete this question by entering your answers in the tabs below.Required 1 Required 2 Required 3Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.)Investing ActivitiesNet cash provided by (used in) investing activities M12-13 (Algo) Celculesing Cash Flows (LO 12-5)Elementa Fuels stated the year with $3,200 cash and reported net cashprovided by operating acdes of $6,000 cash received from stock issance of $41000 cash pad for equipment purchases of $55.500ablets of $6,500 and cash pad on bank loan of $40,500RequiredCatulate t1. Net cash provided by usedrevesting2. Net cash prodee by teding faro3 Ending cashComplete this question by entering your answers in the ted3Calueet cash provided by used in aning acts (es to beAsset1Net cash provided by dancingRequiredM12-13 (Alga) Calculating Cash Flows (LO 12-5)ww $200 cash and i3 Eng c2Red PeNech proved tReedCinting pares in the labMedPemuton bank of $40.500dedproved by operating acts of $229hould for3 cash pd for et purchases of$300Hyped in(16PIPARUS

Answer:- Cash flow statement meaning:- The cash flow statement lets the organization keep track of…

M12-13 (Algo Elemental Fuels started the year with $113,200 cash and reported net cash provided by operating activities of $227,500, cash paid for dividends of $46,600, cash received from stock issuance of $41,000, cash paid for equipment purchases of $155,500, cash paid for intangible assets of $116,500, and cash paid on bank loan of $40,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. Complete this question by entering your answers in the tabs below.

M12-13 (Algo Elemental Fuels started the year with $113,200 cash and reported net cash provided by operating activities of $227,500, cash paid for dividends of $46,600, cash received from stock issuance of $41,000, cash paid for equipment purchases of $155,500, cash paid for intangible assets of $116,500, and cash paid on bank loan of $40,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. Complete this question by entering your answers in the tabs below.

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter6: Cash And Internal Control

Section: Chapter Questions

Problem 6.2E

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my w E12-7 Preparlng and Evaluating a Slimple Statement of Cash Flows (Indirect Method) [LO 12-1, LO 12-2, LO 12-5] Suppose the income statement for Goggle Company reports $131 of net income, after deducting depreciation of $26. The company bought equipment costing $105 and obtained a long-term bank loan for $106. The company's comparative balance sheet, at December 31, is presented here. Requlred: 1. Calculate the change in each balance sheet account and indicate whether each account relates to operating, investing, and. financing activities (+ for increase and - for decrease). 2. Prepare a statement of cash flows using the indirect method. 6. Are the cash flows typical of a start-up, healthy, or troubled company? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 6 Prepare a statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) GOGGLE COMPANY Statement of Cash Flows For the…