Use the Following Calendar-Year Information to Prepare Adam Company's Statement

question 130

Essay

Use the following calendar-year information to prepare Adam Company's statement of cash flows using the direct method.
$\begin{array} { | l | r | } \hline \text { Cash paid to purchase machinery } & \$ 124,000 \\\hline \text { Cash paid for merchandise inventory } & 220,000 \\\hline \text { Cash paid for operating expenses } & 280,000 \\\hline \text { Cash paid for interest } & 4,000 \\\hline \text { Cash received for interest } & 10,000 \\\hline \text { Cash proceeds from sale of land } & 100,000 \\\hline \text { Cash balance at beginning of year } & 15,000 \\\hline\text { Cash balance at end of year }&77,000\\\hline \text { Cash borrowed on a short-term note } & 25,000 \\\hline \text { Cash dividends paid } & 24,000 \\\hline \text { Cash received from stock issuance } &57,000 \\\hline \text { Cash collections from customers } & 522,000 \\\hline\end{array}$

Realize the methodology and importance of comparing genetic sequences for vaccine development and evolutionary studies.

Understand the concept and processes involved in concerted evolution.

Gain skills in constructing and interpreting similarity matrices based on genetic sequences.

Learn about the role of natural selection in the evolution of gene functions and sequences.