Here is a list of the drop down: purchase of investments, purchase of equipment,

Question

Here is a list of the drop down:

purchase of investments, purchase of equipment, cash payments for operating expenses, principal payment of short-term loan, borrowing on long-term loan, cash payments for income taxes, principal payment on long-term loan, dividend payments, sale of equipment, borrowing on short-term loan, cash payments to suppliers, cash received from customers, sale of available-for-sale investments, cash payments for interest, cash at beginning of period, cash at end of period, cash flows from financing activities, cash flows from investing activities, cash flows from operating activities, net cash provided by financing activities, net cash provided by investing activities, net cash provided by operating activities, net cash used by financing activities, net cash used by investing activities, net cash used by operating activities, net decrease in cash, net increase in cash

RCES Riverbed Inc., a greeting card company, had the following statements prepared as of December 31, 2017. RIVERBED INC. COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 vities Cash Accounts receivable Short-term debt investments (available-for-sale) 12/31/17 12/31/16 $6,100$7,000 61,60051,500 34,900 18,100 Study Inventory Prepaid rent Equipment Accumulated depreciation-equipment Copyrights Total assets 39,900 60,400 5,000 4,100 154,100 130,300 (35,000) (24,900) 45,500 50,500 $312,100 $297,000 $45,800 $39,900 Accounts payable Income taxes payable Salaries and wages payable Short-term loans payable Long-term loans payable Common stock, $10 par Contributed capital, common stock Retained earnings 8,100 4,000 7,90010,000 60,500 69,300 100,000 100,000 30,000 30,000 55,80037,800 ent Privacy PolicyI 2000-2018 John Wiley & Sons, Inc, All Rights Reserved. A Division of 1ohn Wiley & Sons Inc

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Working:

RIVERBED INC. Statement of Cash flow (Direct Method) for the year ended December 31, 2017 Cash Flow from Operating Activities: Cash received from customers 322900 Cash payments for merchandise -147600 Cash pad for operating expenses -87130 Cash paid for interest -11500 Cash paid for income tax -8000 Cash Flow from Operating Activities 68670 Cash flow from investing activities: Sales of equipment 8030 Purchase of short term investments -16800 Purchase of equipment -43900 Cash flow from investing activities -52670 Cash flow from financing activities Repayment of short term loan -2100 Repayment of long term loan -8800 Dividends paid -6000 Cash flow from financng activities -16900 Net Cash Flow -900 Change in cash balance -900 Beginning cash balance 7000 Ending cash balance 6100

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