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Use the following information about the calendar 2021 cash flows of Contreras Corp to prepare...

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Accounting

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Use the following information about the calendar 2021 cash flows of Contreras Corp to prepare a statement of cash flows (direct methods and a Schedule of noncash investing and financing activities Cash and cash equivalents balance. December 31, 2020 Cash and cash equivalents balance, December 31, 2021 Cash payments for merchandise Cash paid for store equipment 12.000 43,500 60,500 30.500 23.000 Cash borrowed on 3-month note payable Cash dividends paid 5,000 68,000 32,000 Cash paid for salaries Cash payments for other expenses Building purchased and financed by long term note payable Cash received from customers Cash dividends received from share investments 52.000 157.000 46,500 Use the following table as format for your answer Contreras Co. Statement of Cash Flows (Direct Method) For the Year Ended December 31, 2020 Cash flows from operating activities: Cash flows from investing activities: Cash flows from financing activities Schedule of non-cash investing and financing activities

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