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Westmoreland Corporation prepared its statement of cash flows for the year. The following information is taken from that stat
Saved Net income Cash dividends paid to stockholders Cash proceeds from sale of land Cash proceeds from bank loan Cash paymen
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$4,500
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Statement showing Computations
Particulars Amount
Net cash provided by operating activities          17,900.00
Net cash provided by investing activities            5,900.00
Net cash flow used in financing activities       (10,700.00)
Change in cash and Cash equivalent = 17,900 +5900 -10700          13,100.00
Cash balance, end of year          17,600.00
Cash Balance at beginning of year =17,600 -13,100            4,500.00
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