for Astrologer only

Bracewell Company reported net income of $191,660 for 2014. Bracewell also reported depreciation expense of $46,820 and a gain of $4,970 on disposal of plant assets. The comparative balance sheet shows an increase in accounts receivable of $10,520 for the year, a $13,590 increase in accounts payable, and a $3,670 decrease in prepaid expenses.

Prepare the operating activities section of the statement of cash flows for 2014. Use the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

BRACEWELL COMPANY Partial Statement of Cash Flows For the Year Ended December 31, 2014
		$
	$						$
		$
	$
	$									$
Dividends		$

(c) Indicate where each of the cash inflows or outflows identified in (b) would be classified on the statement of cash flows.

Common stock
Dividends