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Burns Corporation's net income last year was $97,400. Changes in the company's balance sheet accounts for...

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Accounting

Burns Corporation's net income last year was $97,400. Changes inthe company's balance sheet accounts for the year appear below:

Increases
(Decreases)
Asset and Contra-Asset Accounts:
Cash and cash equivalents$22,700
Accounts receivable$13,800
Inventory$(16,800)
Prepaid expenses$4,400
Long-term investments$10,400
Property, plant, and equipment$71,400
Accumulated depreciation$32,600
Liability and Equity Accounts:
Accounts payable$(19,400)
Accrued liabilities$17,100
Income taxes payable$4,100
Bonds payable$(64,800)
Common stock$43,200
Retained earnings$93,100

The company did not dispose of any property, plant, andequipment, sell any long-term investments, issue any bonds payable,or repurchase any of its own common stock during the year. Thecompany declared and paid a cash dividend of $4,300.

Required:

a. Prepare the operating activities section of the company'sstatement of cash flows for the year. (Use the indirectmethod.)

b. Prepare the investing activities section of the company'sstatement of cash flows for the year.

c. Prepare the financing activities section of the company'sstatement of cash flows for the year.

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