The following information is available for windsor, inc. for the year ended december 31, 2017. beginning cash balance $ 45,720 accounts payable decrease 3,759 depreciation expense 164,592 accounts receivable increase 8,331 inventory increase 11,176 net income 288,646 cash received for sale of land at book value 35,560 cash dividends paid 12,192 income taxes payable increase 4,775 cash used to purchase building 293,624 cash used to purchase treasury stock 26,416 cash received from issuing bonds 203,200 prepare a statement of cash flows using the indirect method. (show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,

Cash generated for the year:   348,793‬

ending cash:    394,513

Explanation:

Operating Activities:

Net Income     288,646

depreciation   164,592  

adjusted          453,238

change in Working capital:

AP decrease             3,759

Tax Payable               4,775

AR increase              (8,331)

Inventory increase  (11,176)  

total change            (10,973)

cash generated from operating activities  442.265

Investing Activities

proceed from land        35,560

purchase of building  (293,624)

cash used from investing activities 258,064‬

Financing Activities

issuance of shares    203,200

TS purchase                (26,416)

dividends paid             (12,192)

cash generated from financing activities  164,592

Cash generated for the year:   348,793‬

beginning cash                             45,720

ending cash                                 394,513

answer; 33,000;