Con la siguiente informacin

realizar el Estado de Flujos de

Efectivo para la compaa
Freehold.

Freehold Company Balance Sheet at December,

31 of
20X5 20X4 Dif
Cash $ 50,210 66,200 -15,990 efectivo
Trade receivables (net) 142,900 117,800 25,100 op
Inventories 209,600 190,150 19,450 op
Prepaid expenses 5,160 6,120 -960 op
Investments 69,900 93,500 -23,600 op
Land 104,000 75,000 29,000 in
Building 425,000 225,000 200,000 in
Acc.depre-building -93,600 -81,220 -12,380 op
Equipment 486,500 437,500 49,000 in
Acc.depre-equipment -184,500 -149,750 -34,750 op
Total Assets ### $980,300 234,870

Accounts payable $ 58,715 51,875 6,840 op

Accrued expenses 12,000 10,500 1,500 op
Interest payable 1,875 1,875 0 op
Income tax payable 4,800 8,500 -3,700 op
Dividends payable 15,660 12,500 3,160 fin
Mortgage Note payable 195,000 0 195,000 fin
Bonds payable 90,000 250,000 -160,000 fin
Common Stockin$25
Paid in capital par of
excess 450,000 375,000 75,000 fin
par-common stock 47,250 41,250 6,000 fin
Retained earnings 339,870 228,800 111,070 ut
Total liabilities and
Stockholdersequity ### $980,300 234,870
Freehold Company Income Statement for the year ended
Dec, 31
20X5
Sales ###
Cost of merchandise sold 1,250,000
Gross profit $ 460,000
Operative expenses
Depreciation expense 47,130
Other op. Expenses 234,000 281,130
Total. Op. expenses $ 178,870
Operative income
Other income
 Gain on sale of land 19,000
Gain on sale of investment 19,200
38,200
Other expense
Interest expense 28,000 10,200
Income before income tax $ 189,070
Income tax 38,000
Net income $151,070

The following additional information on cash flows during

the year was obtained from an examination of the ledger
a. Investments (long term) were purchased for $53,100
b. Investments (long term) costing $76,700 were sold for $95,900.
c. Equipment was purchased for $49,000. There were no disposals.
d. A building valued at $200,000 and land valued at $100,000 were
adquired by a cash payment of $300,000.
e. Land which cost $71,000 was sold for $90,000 cash.
f. A mortgage note payable of $195,000 was issued for cash.
g. Bonds payable of $160,000 were retired by the payment of their face
amount.
h. 3,000 shares of common stock were issued for cash at 27.
i. Cash Dividends of $40,000 were declared.

Instructions:
1. Prepare a statement of cash flows, using the indirect method of
presenting cash flows.
 Estado de Flujo de Efectivo (Mtodo Directo)

Actividades de Operacin

Utilidad Neta ###

Trade receivables (net) ###
Inventories ###
Prepaid expenses $ 960.00
Acc.depre-equipment ###
Acc.depre-building ###
Accounts payable ###
Accrued expenses ###
Income tax payable ###
Ganancia en Venta Inversiones ###
Ganancia en Venta de terreno ###
Flujo Neto de Act. Operacin ### ###

Actividades de inversin
Venta investment ###
Venta land ###
builiding & land ###
investment purchases ###
Equipment ###

Flujo Neto de Activid. Inversin ### ###

Actividades de financiamiento
bonos ###
Dividends payable ###
Mortgage Note payable ###
Common Stock $25 par ###
Paid in capital in excess of par-common ###
Flujo Neto de Activ. De Financiamiento ### ###

Flujo de Efectivo Neto de Operacin###

Flujo de Efectivo de inversin ###
Flujo de Efectivo de Financiamiento ###
Utilidad ###
Variacin Efectivo ###