Help me understand how to make

timer Asked: Dec 1st, 2015

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Help me understand how to make a statement of cash flows is sales are 240000, cost of goods sold is 85800, depreciation expense is 25470, interest expense 48,000, gain on sale of equipment is 670, income before taxes 79,400, income taxes expense is 27790, and net income is 51,160. There is no gain or loss on the sales of long term investments, nor on the bonds retired. old equipment is sold for 13,100 with an original cost of 34550, new equipment was purchased for 97150 cash, cash dividends were paid on november 12,2016, and additional shares of stock were issued for cash

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