Statement of Cash Flows -------------------------------------------------------------------------------- Prepare a Statement of Cash Flows:

Statement of Cash Flows--------------------------------------------------------------------------------Prepare a Statement of Cash Flows: Selected financial statement information and additional data for XYZ Co. is presented below. December 31 2009 2010 $63,000 151,200 201,600 21,000 789,600 $1,226,400 115,600 86,000 29,400 302,400 487,200 205,800 $1,226,400 Additional data for 2010: 1. Net income was $235,200. 2. Depreciation was $31,600. 3. Land was sold at its original cost. 4. Dividends of $96,600 were paid. 5. Equipment was purchased for $84,000 cash. 6. Long-term note was for $201,600 was used to pay for an equipment purchase. 7. Common stock was issued to pay a $67,200 long-term not payable