Question

During the fiscal year endud March 2009, Fins & Feathers Pet Company engaged in the following transactions: (Click the icon to view the transactions.) Using the relevant transactions, prepare the cash from operating activities section of the statement f cash flows using the diroct method. minus signs to enter cash outflows or decreases in cash. Leave unused cells blank.) Using the relevant transactions, prepare the cash from operating activities section of the statement cash flows using the direct method. (Use parentheses Fins and Feathers Pet Company Statement of Cash Flows More Info For the Year Ended March 31, 2009 a. Collected S115,000 on accounts receivable b. Paid interest of $5,600 Cash from operating activities 35.000 Cash collected from customers d. Paid salaries of $47,000 Cash paid for interest e. Paid income taxes $13,000 f. Recorded amortization expense of $34,000 Cash paid to vendors g. Sold vehicle for cash of $14,000 of $84,700 Cash paid for salaries Issued bonds for $390,000 Cash paid for taxes . Purchased new vehicle for cash of $41,000 Cash paid for operating expenses k. Purchased land for cash of $355,000 I. Paid operating expenses of $29.300 Net cash provided by operating activities Print Done Choose from any list or enter any number in the input fields and then click Check Answer

Answer 1

Cashflows from Operating activities:
Cash received from customer				115000
Cash sales				235000
Salaries paid				-47000
Payment to vendor				-84700
Operating xpenses				-29300
Income tax paid				-13000
Net cash provided from Operating activities				176000