Problem 1-4A
Presented below is selected financial information for Wenger Corporation for December 31, 2014.
Inventory
$ 25,010
Cash paid to purchase equipment
$ 12,220
Cash paid to suppliers
104,820
Equipment
42,790
Buildings
201,800
Service revenue
101,700
Common stock
50,760
Cash received from customers
132,460
Cash dividends paid
8,700
Cash received from issuing common stock
21,880
Cash at beginning of period
8,830
(a)
Prepare the statement of cash flows for Wenger Corporation. (Show amounts that decrease cash flow either with a negative sign preceding the number e.g. -15,000 or in parentheses e.g. (15,000).)
WENGER CORPORATIONStatement of Cash FlowsFor the Year Ended December 31, 2014
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