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Using the Following Information, Complete the Statement of Cash Flows

question 32

Essay

Using the following information, complete the statement of cash flows for Nutritional Foods for the year ended December 31, 2010. Place parentheses around those figures in the statement representing cash outlays.
$\begin{array}{lll}\text {Payments for purchase of land }&\$416,000\\\text {Proceeds from sale of land. }&\$58,000\\\text { Proceeds from issuance of capital stock }&\$347,000\\\text {Proceeds from issuance of bonds payable }&\$99,000\\\text { Payments to settle short-term debt. }&\$74,000\\\text { Interest and dividends received. }&\$49,000\\\text { Cash received from customers}&\$1,502,000\\\text {Dividends paid }&\$182,000\\\text {Cash paid to suppliers and employees }&\$1,172,000\\\text {Interest paid }&\$66,000\\\text {Income taxes paid }&\$115,500\\\text { Cash and cash equivalents, January 1, 2010 }&\$86,000\\\text { Cash and cash equivalents, December 31, 2010. }&?\\\end{array}$
$Using the following information, complete the statement of cash flows for Nutritional Foods for the year ended December 31, 2010. Place parentheses around those figures in the statement representing cash outlays. \begin{array}{lll} \text {Payments for purchase of land }&\$416,000\\ \text {Proceeds from sale of land. }&\$58,000\\ \text { Proceeds from issuance of capital stock }&\$347,000\\ \text {Proceeds from issuance of bonds payable }&\$99,000\\ \text { Payments to settle short-term debt. }&\$74,000\\ \text { Interest and dividends received. }&\$49,000\\ \text { Cash received from customers}&\$1,502,000\\ \text {Dividends paid }&\$182,000\\ \text {Cash paid to suppliers and employees }&\$1,172,000\\ \text {Interest paid }&\$66,000\\ \text {Income taxes paid }&\$115,500\\ \text { Cash and cash equivalents, January 1, 2010 }&\$86,000\\ \text { Cash and cash equivalents, December 31, 2010. }&?\\ \end{array}$

Definitions:

Conditioned Withdrawal Reaction

A reaction that occurs when an individual experiences withdrawal symptoms in response to cues associated with the substance use, after conditioning.

Drug Addiction

A chronic, relapsing disorder characterized by compulsive drug seeking, continued use despite harmful consequences, and long-lasting changes in the brain.

Conditioned Response

A learned response to a previously neutral stimulus that has become conditioned through association with an unconditioned stimulus.

Contextual Cues

are environmental or situational factors that affect behavior by signaling the appropriateness of certain responses.