1. Current Attempt in Progress Selected information from Ivanhoe Ltd.s statement of financial
position and statement of income is as follows:
14 Question 19 of 19 Additional information: 1. The bank loan was received in the past to
finarce the purchase of equipment. 2. Operating expenses included depreciation expense of
$11,100 and a loss of $5,700 on the disposal of equipment. Prepare the operating activities
section of the statement of cash flows, using the indirect method. (Show omounts that decrease
co flow with either a-sign es - 15,000 or in parenthesis eg (15,000)
Statement of Cash Flows (Partial) Operating activities 5 Adjustments to reconcile net income to
$
Adjustments to reconcile netincome to
Adjustments to reconcile net income to 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 eTextbook and Media Save for Later