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Use the following information about Lund Corporation for the month of August to prepare a...

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Accounting

Use the following information about Lund Corporation for the month of August to prepare a statement of cash flows for August under the indirect method. Accounts payable increase $14,400 Accounts receivable increase 6,400 Accrued liabilities decrease 4,800 Amortization expense 9,600 Cash balance, beginning of August 35,200 Cash balance, end of August 24,000 Cash paid as dividends 46,400 Cash paid to purchase land 144,000 Cash paid to retire bonds payable at par 96,000 Cash received from issuance of common stock 56,000 Cash received from sale of equipment 27,200 Depreciation expense 46,400 Gain on sale of equipment 6,400 Inventory decrease 20,800 Net income 121,600 Prepaid expenses increase 3,200 Note: Use negative signs with your answers to indicate a decre

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