(Answered) Question use the following financial statements and

Accounting

Question: Use the following financial statements and additional information to

1) prepare a statement of cash flows for the year ended December 31, 2012, using the indirect method, and

2) analyze and briefly discuss the statement prepared in part 1 with special attention to operating activities and to the company's cash level.

1027_Krug 1.png

Additional Information

a. No dividends are declared or paid in 2012.

b. Issued additional stock for $7,000 cash in 2012.

c. Purchased equipment for cash in 2012; no equipment was sold in 2012.

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