The Murdock Corporation reported the following balance sheet data for 2016 and 2015: Cash Available-for-sale securities (not cash equivalents) Accounts receivable Inventory Prepaid insurance Land, buildings, and equipment Accumulated depreciation 2016 2015 $ 86,255 $ 27,755 19,500 93,000 88,000 75,450 173,000 152,200 2,220 2,800 1,266,000 1,133,000 (618,000) (580,000) Total assets Accounts payable Salaries payable Notes payable (current) Bonds payable Common stock Retained earnings $1,016,975 $ 904,205 $ 83,540 $156,670 23,200 32,200 208,000 28,500 83,000 0 300,000 300,000 370,035 336,035 Total liabilities and shareholders' equity $ 1,016,975 $904,205 Additional information for 2016: Sold available-for-sale securities costing $73,500 for $78,800. Equipment costing $20,000 with a book value of $5,800 was sold for $7,200. Issued 6% bonds payable at face value, $208,000. Purchased new equipment for $153,000 cash. Paid cash dividends of $24,000. Net income was $58,000. Required: Prepare a statement of cash flows for 2016 in good form using the indirect method for cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.) MURDOCK COMPANY Statement of Cash Flows For the Year Ended December 31, 2016 Cash flows from operating activities: Adjustments for noncash effects:

In the image you can look at the question . Is asking me to choose the correct answer below and fill in the answer box to complete your choice . How can I solve this type of question ?

Could you show me to solve this problem step by step. Please

Please respond via a memo on your thoughts of the GAAP article bellow:

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

Required information [The following information applies to the questions displayed below.] Consider the following narrative describing the process of filling a customer's order at a Starbucks branch: Identify the start and end events and the activities in the following narrative, and then draw the business process model using BPMN: the Starbucks customer entered the drive-through lane and stopped to review the menu. He then ordered a Venti coffee of the day and a blueberry muffin from the barista. The barista recorded the order in the cash register. While the customer drove to the window, the barista filled a Venti cup with coffee, put a lid on it, and retrieved the muffin from the pastry case and placed it in a bag. The barista handed the bag with the muffin and the hot coffee to the customer. The customer has an option to pay with cash, credit card, or Starbucks gift card. The customer paid with a gift card. The barista recorded the payment and returned the card along with the…

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

How would I calculate this problem? I just guessed on which answer made sense to me. Please help. thank you in advance.