This information is for grouper corporation for the year...

This information is for Grouper Corporation for the year ended December 31, 2022. Cash received from lenders $18,400 Cash received from customers 46,000 Cash paid for new equipment. 25,760 Cash dividends paid 7,360 Cash paid to suppliers 14,720 Cash balance 1/1/22 11,040 Prepare the 2022 statement of cash flows for Grouper Corporation. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

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Transcript

00:01 Okay, so we are going to prepare the cash flow statements of group cooperation for the end of the 31 december 2020.

00:14 I'm just going to do a paraphrase, but you can always look at the template and prepare a cash flow according to the required standard.

00:28 So the first thing that you have to do whenever you are doing your cash flow statements is to ask yourself, is it going to be a direct method or indirect method? so by looking at the information that is provided, cash flow from lenders, cash from customers, cash from cash to suppliers, it shows you that indeed, here direct method is supposed to be used.

00:58 So that's what we are going to use.

01:00 So the first item would be cash flow from operations.

01:20 From operations.

01:23 So that's the first item.

01:25 And under cash flow from operations, we have got cash from customers.

01:38 Customers are giving us cash.

01:40 And it's how much? it is $46 ,000.

01:47 And then the second item is cash to suppliers.

02:00 Cash to suppliers.

02:04 And the cash to suppliers is 14 ,720.

02:08 And it's a negative figure.

02:11 720.