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Using the Following Information, Complete the Statement of Cash Flows

question 127

Essay

Using the following information, complete the statement of cash flows for Nutritional Foods for the year ended 31 December 2014. Place parentheses around those figures in the statement representing cash outlays. (Assume interest and dividends received and paid are classified as operating activities)
$\begin{array}{ll} \text { Payments for purchase of land. } & \$ 416,000 \\ \text { Proceeds from sale of land } & \$ 58,000 \\ \text { Proceeds from issuance of ordinary shares } &\$347,000\\ \text {Proceeds from issuance of bonds payable } &\$99,000\\ \text {Payments to settle short-term debt } &\$74,000\\ \text { Interest and dividends received} &\$49,500\\ \text { Cash receipts from customers } &\$1,502,000\\ \text { Dividends paid} &\$182,000\\ \text { Cash paid to suppliers and employees} &\$1,172,000\\ \text {Interest paid } &\$66,000\\ \text {Income taxes paid } &\$115,500\\ \text { Cash and cash equivalents, 1 January, 2014 } &\$86,000\\ \text { Cash and cash equivalents, 31 December 2014 } &?\\\end{array}$
$Using the following information, complete the statement of cash flows for Nutritional Foods for the year ended 31 December 2014. Place parentheses around those figures in the statement representing cash outlays. (Assume interest and dividends received and paid are classified as operating activities) \begin{array}{ll} \text { Payments for purchase of land. } & \$ 416,000 \\ \text { Proceeds from sale of land } & \$ 58,000 \\ \text { Proceeds from issuance of ordinary shares } &\$347,000\\ \text {Proceeds from issuance of bonds payable } &\$99,000\\ \text {Payments to settle short-term debt } &\$74,000\\ \text { Interest and dividends received} &\$49,500\\ \text { Cash receipts from customers } &\$1,502,000\\ \text { Dividends paid} &\$182,000\\ \text { Cash paid to suppliers and employees} &\$1,172,000\\ \text {Interest paid } &\$66,000\\ \text {Income taxes paid } &\$115,500\\ \text { Cash and cash equivalents, 1 January, 2014 } &\$86,000\\ \text { Cash and cash equivalents, 31 December 2014 } &?\\ \end{array}$

Definitions:

Corporal Punishment

A form of physical discipline that involves the deliberate infliction of pain as retribution for an offence, or for the purpose of disciplining or reforming a wrongdoer.

Legal

Pertaining to the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

Educational Neglect

A form of child neglect where a caregiver fails to ensure a child receives adequate education either by not enrolling the child in school or not addressing their educational needs.

Child Maltreatment

Refers to any act by a parent, caregiver, or other individual that results in harm, potential for harm, or threat of harm to a child, including neglect, physical abuse, sexual abuse, or emotional abuse.