Prepare a statement of cash flows from the current


Prepare a Statement of Cash Flows from the current information provided by the Bookvalium Corporation:

Proceeds from sales $10,000
Proceeds from short-term debt 6,000
Proceeds from long-term debt 20,000
Proceeds from the sale of common stock 2,000
Purchase of fixed assets 5,000
Sale of old equipment 1,000
Retirement of debt issue 1,000
Purchase of inventories 4,000
Payment of dividends 15,000

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Accounting Basics: Prepare a statement of cash flows from the current
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