statement of cash flows for the year using the direct method for operating activities. (Amounts to be deducted should be indicated with a minus sign.)
13 15 points 802.35-19 REDWOOD INC Statement of Cash Flows For the Year Ended December 31, 2021 Cash flows from operating activities Net cash flows from operating activities Cash flows from investing activities Net cash flows from investing activities Cash flows from financing activities Net cash flows from financing activities
Net cash flows from financing activities Net decrease in cash Cash and cash equivalents, January 1 Cash and cash equivalents, December 31
13 023528 The following information is for Redwood Inc. for the year ended December 31, 2021. Redwood had a balance for cash and cash equivalents of $5,100 on January 1, 2021. Cash Received from: Customers Interest on investments Sale of land Issuance of common stock Issuance of debt securities Cash Paid for Interest in debt Income tax Debt principal reduction Purchase of equipment Purchase of inventory. Dividends on common stock Operating expenses $2,010 255 155 710 2,110 355 79 1,610 4,000 1,000 255 555 Required: Prepare a 13 023528 The following information is for Redwood Inc. for the year ended December 31, 2021. Redwood had a balance for
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