(1) Presented in alphabetical order below are the line items including the subtotals and totals...
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Accounting
(1)
Presented in alphabetical order below are the line items including the subtotals and totals (with some simpifications) from Pool Corporations recent statement of cash flows prepared using the indirect method. (All dollar amounts in thousands).
Accounts payable
$
6,402
Accrued expenses and other current liabilities
20,682
Acquisition of businesses
(5,934
)
Amortization
1,559
Cash and cash equivalents at beginning of year
9,721
Cash and cash equivalents at end of year
17,487
Change in cash and cash equivalents
7,766
Depreciation
9,746
Loss on sale of property and equipment
263
Net cash provided by operating activities
75,103
Net cash used in financing activities
(41,759
)
Net cash used in investing activities
(25,578
)
Net income
71,993
Other financing activities
944
Other operating assets
8,635
Payments of cash dividends
(26,470
)
Payments on long-term debt and other long-term liabilities
(149
)
Payments on revolving line of bank credit
(700,749
)
Prepaid expenses
(2,951
)
Proceeds from revolving line of bank credit
749,349
Proceeds from stock issued under share-based compensation plans
13,085
Product inventories
(35,339
)
Purchases of property and equipment
(19,844
)
Purchases of treasury stock
(77,769
)
Receivables
(5,887
)
Sale of property and equipment
200
Source: Pool Corporation
Prepare Pool Corporations statement of cash flows in good form for the year ended December 31. (List cash outflows as negative amounts. Enter your answers in thousands.)
POOL CORPORATION Consolidated Statements of Cash Flows For the Year Ended December 31 (in thousands) Operating activities: Adjustments to reconcile net income to net cash provided by operating activitites: Changes in operating assets and liabilities: Investing activities: Financing activities
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