I need the following accounting questions answered. Word document attached.

1. AJAR Corporation reported the following information for the current year:

(1) Net income is $102 million.

(2) Purchases of equipment were $47 million.

(3) Customer accounts receivable decreased by $18 million.

(4) Dividends paid to common shareholders were $10 million.

(5) Depreciation expense was $39 million.

(6) Income tax payable increased by $5 million.

(7) Long-term debt decreased by $40 million.

(8) Accounts payable increased by $16 million.

(9) Inventories increased by $28 million.

Required: Based on the above information, calculate the following items:

a. Cash flow from operating activities.

b. Cash flow from investing activities.

c. Cash flow from financing activities.

d. The increase or decrease in the cash balance.

2. Prepare the statement of cash flows for Brindley Company using the indirect method.

Brindley Company

Income Statement

For the Year Ended December 31, 2012

Revenues $8,500

Depreciation expense $ 800

Other operating expenses 6,100 6,900

Income before income taxes $1,600

Interest expense 850

Income tax expense 300

Net income $ 450

Brindley Company

Balance Sheet

December 31, 2012 and 2011

2012 2011 2012 2011

Assets: Liab. & SE:

Cash $ 650 $ 130 A/P $ 520 $ 500

A/R 770 610 Inc.Taxes/Pay. 270 280

Inventories 835 870 LT debt 415 250

Plant & Equip. 3,450 2,870 Common Stock 1,260 1,260

Less: Acc. Depr. (1,690) (890) Retained Earnings 1,550 1,300

Total Assets $4,015 $3,590 Total Liab. & SE $4,015 $3,590