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Prepare a cash flow statement

Requirement Prepare Crowne Plaza Products's statement of cash flows using the indirect report operating activities. Include an accompanying schedule of non-cash in financing activities. How much of the cash used for investing activities was operations? direct method to chising and was vided by P10-29B The comparative balance sheet of Crossbow Novelties Corp. at Decemb1 reported the following: December 31 2017 2016 Current Assets: Cash and cash equivalents.. Accounts receivable.. Inventories Prepaid expenses. Current Liabilities: -Accounts payable... Accrued liabilities. Income tax payable... $28,800 28,600 - 51,600 4,200 $12,500 29,300 - 53.000 - 3.700 31,100 14,300 11,000 28,000 16,800 14,300 - Crossbow's transactions during 2017 included the following: I $ 124,000 52,000 $17,800 17,000 55,000 Cash purchase of building.. Net income.... Issuance of common shares for cash... Steek dividend Sale of long-term investment... 105,600 13,000 6,000 Depreciation expense ...................... Payment of cash dividends .............. Cash purchase of equipment ......... Issuance of long-term note payable to borrow cash. Repayment of note payable by issuing common shares............... ........ 32,000 30,000 Requirements 1. Prepare the statement of cash flows of Crossbow Novelties Corp. for the year ende December 31, 2017. Use the indirect method to report cash flows from operatin activities. Report non-cash investing and financing activities in an accompanyini obodule

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