Bramble Corporation has contracted with you to prepare a statement of cash flows. The controller...

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Accounting

Bramble Corporation has contracted with you to prepare a statement of cash flows. The controller has provided the following
information.
Additional data related to 2025 are as follows.
Equipment that had cost $11,100 and was 30% depreciated at time of disposal was sold for $2,500.
$5,000 of the long-term note payable was paid by issuing common stock.
Cash dividends paid were $5,000.
On January 1,2025, the building was completely destroyed by a flood. Insurance proceeds on the building were $32,700(net
of $4,000 taxes).
Equity investments (ownership is less than 20% of total shares) were sold at $1,400 above their cost. No unrealized gains or
losses were recorded in 2025.
Cash of $15,100 and a long-term note for $16,000 were given for the acquisition of equipment.
Interest of $2,000 and income taxes of $5,000 were paid in cash.
(a) Use the indirect method to analyze the above information and prepare a statement of cash flows for Bramble. (Show amounts that
decrease cash flow with either a- sign e.g.-15,000 or in parenthesis e.g.(15,000).)
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