Problem:
(Statement of cash flows) Johnson's accountant also presented all of the items in the statement of cash flows in alphabetical order. Please put these items in the correct format for a statement of cash flows for Johnson's Scuba Co. for the year ending January 31. All data are in thousands of dollars.
Accounts payable increase 100
Accounts receivable increase (50)
Cash dividends (common stock) (200)
Cash and equivalents at beginning of year 300
Cash and equivalents at end of year 150
Depreciation and amortization 200
Increase in other long-term liabilities 0
Inventories increase (200)
Issuance of long-term debt, net 100
Net cash provided by (used in) financing activities 0
Net cash provided by (used in) investing activities (700)
Net cash provided by (used in) operating activities 550
Net income 500
Net increase in cash and equivalents (150)
Notes payable increase 100
Purchase of plant and equipment (700)