Answer Happy

$153,000.
Required:
1. Prepare Operating activity section of the stalement of cash flows, using the indirect method,
clearly labelling each cash flow item and ignoring the heading (45 points).
2. Determine the amount of cash paid to purchase the new equipment, Clearly sho calculations for
numbers that are not given (2 points).
3. Determine the amount of cash received from the sale of the equipment, Clearly show calculations
for numbers that are not given (3.5 points).
4. Determine the amount of dividends paid. Clearly show calculations for numbers that are not
given (4 points).
5. Determine the amount of cash collected from customers. Clearly show calculations for numbers
that are not given (2 points)
6. Determine the amount of cash paid to suppliers. Clearly show calculations for numbers that are
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During fiscal year 2021, Canbuild sold a piece of its equipment. The equipment sold had originally cost $153,000 Required: 1. Prepare Operating activity section of the statement of cash flows, using the indirect method, clearly labelling each cash Now item and ignoring the heading (4.5 points). 2. Determine the amount of cash paid to purchase the new equipment, Clearly show calculations for numbers that are not given (2 points). 3. Determine the amount of cash received from the sale of the equipment, Clearly show calculations for numbers that are not given (3.5 points). 4. Determine the amount of dividends paid Clearly show calculations for numbers that are not given (4 points) 5. Determine the amount of cash collected from customers. Clearly show calculations for numbers that are not given (2 points). 6. Determine the amount of cash paid to suppliers Clearly show calculations for numbers that are not given (3 points).