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Unformatted text preview: 20,0 00 12,000 Amortization of Premium of Bonds Payable 30,000 27,560 Cash Flows from Operation s Profit 1,000,000 Add/Deduct Items Not Affecting Cash Depreciati on Expense 150,000 Amortization of Premium of Bonds Payable (30,000) Loss on Sale of Land 40,000 Increase in Trade Receivabl es (120,000) Decrease in Inventory 10,000 Decrease in Trade Payables (10,000) Increase in Accrued Liabilities 60,000 Increase in Interest Payable 20,000 Increase in Income Tax Payable 8,000 Net Cash Flows from Operations 1,128,000...
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- Fall '08
- Generally Accepted Accounting Principles, bonds payable Cash, Bonds Payable Cost, Payable Net Cash