Keyser Beverage Company reported the following items in the most recent year.
Net income $40,630
Dividends paid 5,390
Increase in accounts receivable 12,130
Increase in accounts payable 8,070
Purchase of equipment (capital expenditure) 8,320
Depreciation expense 7,070
Issue of notes payable 21,810
Compute net cash provided by operating activities, the net change in cash during the year. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
Keyser Beverage Company
Statement of Cash Flows
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Dividends Increase in Accounts Payable Issue Notes Payable Increase in Accounts Receivable Purchase of Equipment Net Income Decrease in Accounts Payable Decrease in Accounts Receivable Depreciation Expense $
Decrease in Accounts Receivable Issue Notes Payable Decrease in Accounts Payable Depreciation Expense Increase in Accounts Payable Purchase of Equipment Net Income Increase in Accounts Receivable Dividends
Dividends Depreciation Expense Purchase of Equipment Net Income Decrease in Accounts Receivable Increase in Accounts Payable Issue Notes Payable Decrease in Accounts Payable Increase in Accounts Receivable
Depreciation Expense Dividends Net Income Decrease in Accounts Receivable Increase in Accounts Payable Increase in Accounts Receivable Issue Notes Payable Decrease in Accounts Payable Purchase of Equipment
Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash used by Financing Activities Net Cash used by Investing Activities Net Cash used by Operating Activities Net Decrease in Cash Net Increase in Cash
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Increase in Accounts Receivable Decrease in Accounts Payable Purchase of Equipment Net Income Increase in Accounts Payable Issue Notes Payable Dividends Decrease in Accounts Receivable Depreciation Expense
Cash at Beginning of PeriodCash at End of PeriodCash Flows from Financing ActivitiesCash Flows from Investing ActivitiesCash Flows from Operating ActivitiesNet Cash Provided by Financing ActivitiesNet Cash Provided by Investing ActivitiesNet Cash Provided by Operating ActivitiesNet Cash used by Financing ActivitiesNet Cash used by Investing ActivitiesNet Cash used by Operating ActivitiesNet Decrease in CashNet Increase in Cash
Depreciation Expense Increase in Accounts Payable Decrease in Accounts Payable Dividends Net Income Decrease in Accounts Receivable Issue Notes Payable Increase in Accounts Receivable Purchase of Equipment $
Dividends Increase in Accounts Payable Decrease in Accounts Receivable Purchase of Equipment Increase in Accounts Receivable Net Income Decrease in Accounts Payable Depreciation Expense Issue Notes Payable
Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash used by Financing Activities Net Cash used by Investing Activities Net Cash used by Operating Activities Net Decrease in Cash Net Increase in Cash
Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Net Cash used by Financing Activities Net Cash used by Investing Activities Net Cash used by Operating Activities Net Decrease in Cash Net Increase in Cash $