Net income: $200,000 Depreciation Expense: 100,000 Purchases of plant assets: 100,000 Proceeds on disposals of plant assets: 50,000 Gain on Disposal…

Net income: $200,000

Depreciation Expense: 100,000

Purchases of plant assets: 100,000

Proceeds on disposals of plant assets: 50,000

Gain on Disposal of plant assets: 8,000

Accounts receivable decreased: 3,000

Accounts payable increased: 4,000

Interest expense: 5,000

Income tax expense: 2,500

Grand issued stock in exchange for an outstanding note payable of $80,000. The cash balance on January 1, 2016 was $37,000. The January 1, 2017 balance for retained earnings was $250,000 and the December 31, 2017 balance for retained earnings was $342,500. Use this information to prepare grand company’s statement of cash flows for the year ended December 31, 2017 using the indirect method

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more