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\ Pina Manufacturing has provided the following comparative financial statements: \table[[\table[[Pina...

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Accounting

\ Pina Manufacturing has provided the following comparative financial statements:
\table[[\table[[Pina Manufacturing],[Statement of Financial Position],[As at December 31]]],[Assets,2023,2022],[Cash,$629,000,$567,000],[Accounts receivable,74,000,94,000],[Inventory,108,000,71,000],[Prepaid operating expenses,10,000,11,000],[Long term investments,150,000,100,000],[Equipment,615,000,538,000],[Less: Accumulated depreciation,(78,000),(62,000)],[$1,508,000,$1,319,000],[Liabilities and Shareholders' Equity],[Accounts payable,$66,000,$29,000],[Income tax payable,18,000,28,000],[Bonds payable,171,000,269,000],[Common shares,703,000,565,000]] Depreciation expense of $27,000 is included in the operating expenses. Prepare the operating activities section of the statement of
cash flows, using the direct method. (Show amounts that decrease cash flow with either a- sign e.g.-15,000 or in parenthesis
e.g.(15,000).
PINA MANUFACTURING
Partial Statement of Cash Flows
December 31,2023
Cash Flows from Operating Activities
Cash Received from Customers
$
Cash Paid to Suppliers
Cash Paid for Interest
Cash Paid for Taxes
Net Cash Provided by Operating Activities
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