Please let me know which part of the cash flow calculations or cashflow statement setup/structure that I am doing wrong. The cashflow change should be $86,000(from the balance sheet) but I got a total of -$159,000.                                           Income statement Assets     20X1 20X0 Difference 20X1 20X0 Difference     Net credit sales     Current assets         $7,200,000 $6,500,000 $700,000 Cash         Cost of goods sold     $450,000.00 $364,000.00 $86,000     4,320,000 3,900,000 $420,000 Accounts receivable—net         Gross profit     692,000 625,000 $67,000     2,880,000 2,600,000 $280,000 Inventory         Operating expenses (including income taxes)     723,000 610,000 $113,000     2,376,000 2,145,000 $231,000 Prepaid expenses         Net income     50,000 70,000 ($20,000)     $504,000 $455,000 $49,000 Total current assets               1,915,000 1,669,000 $246,000           Long-term investments         Cash flow     150,000 20,000 $130,000     Net income $49,000   Property, plant, and equipment         Depreciation $25,000   1,622,000 815,000 $807,000     Increase in Inventory ($113,000)   Less: Accumulated depreciation         Increase in accts receivable ($67,000)   -100,000 -75,000 ($25,000)     current liabilities $4,000   1,522,000 740,000 $782,000     Net Cash from Operating ($102,000)   Total assets               $3,587,000 $2,429,000 $1,158,000     Cash from Investing      Liabilities and Stockholders’ Equity         Property, plant, and equipment $807,000   Current liabilities         Net Cash from Investing  ($807,000)   Accounts payable         Cash from Financing     $399,000 $451,000 ($52,000)     Notes payable—due 20X4 $750,000   Accrued expenses         Net increase/decrease in cash ($159,000)   185,000 179,000 $6,000           Dividends payable         Cash at 20x1 $450,000.00   50,000 0 $50,000     Cash at 20x0 $364,000.00   Total current liabilities         Net Increase in cash $86,000.00   634,000 630,000 $4,000           Notes payable—due 20X4               750,000   $750,000           Stockholders’ Equity               Common stock               1,400,000 1,300,000 $100,000           Retained earnings               803,000 499,000 $304,000           Total stockholders’ Equity               $2,203,000.00 $1,799,000.00 $404,000           Total liabilities and stockholders’ equity               $3,587,000 $2,429,000 $1,158,000

The following information on cash transactions were reported by FDNACCT Co.: Proceeds from bank loan = P420,000 Proceeds from sale of equipment = P45,000 Investment of owner = P25,000 Payment of operating expenses = P320,000 Purchase of equipment = P258,000 Payment of principal of Notes Payable = P45,000 How much is cash provided by (used in) Investing Activities? Enter as a negative number if the answer is used in Investing Activities.

Osco Ltd uses the allowance method of accounting for bad and doubtful debts. Bad and doubtful debts expense shown in the statement of financial performance is $10 000 and the amount of bad debts actually written off is $8 000. If sales are $220 000 and accounts receivable have increased by $12 000 over the period, the amount to be shown in the statement of cash flows for receipts from customers is: O $240 000 O $200 000 O $210 000 O $220 000

Provide the missing piece of information for the following statement of cash flows puzzle. $ 88,000 Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Cash at the beginning of the year Cash at the end of the year ? (45,000) 77,000 113,000 PLEASE NOTE: All whole dollar amounts will be with "$" and commas as needed (i.e. $12,345). Cash flows from Investing Activities

Webster provides the following information regarding its actual and future sales: February March April January Actual May Actual Forecast Forecast Forecast Cash Sales $ 50,000 $ 80,000 $ 90,000 $ 100,000 $ 120,000 Credit Sales 80,000 $ 12,000 $ 90,000 $ 40,000 $ 60,000 Management expects that 40% of credit sales are collected in the month of the sale. 40% are collected in the month after the month of sale. 20% are collected in the month following. na memo to your team (who are preparing the budgets), management also provides the following information: - The company has an obligation to repay $120,000 in debt in April. There is no debt to be repayed in the other months - Cost of sales is 50% of sales revenue. - The company has regular deliveries of inventory to ensure that it can continue to meet its customer obligations. Inventory deliveries are paid in the following month and expected to be equal to 60% of sales in the delivery month. - Salaries and wage expenses add up to $10,000 per…

Pls help stepwise thanks. ..

Assume the following: Net Income $100,000 Depreciation $8,000 Accounts Receivable decreases by $7,500 and Accounts Payable decreases by $2,500. The amount of cash flows from operating activities is: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a $103,000 b $100,000 с $108,000 d $113,000

This is missing the 4th part 4 . (Appendix) Prepare a cash flow table. Show that cash effects net to a $450 outflow

A machine with a cost of $138,000 and accumulated depreciation of $93,000 is sold for $54,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice $54,000. $9,000. $45,000. Zero. This is a financing activity. Zero. This is an operating activity.

I was needing help with this accounting problem.