Answer:
Note: The full question is attached as picture below
Statement of cash flow - Pharaoh Company
Cash Flows From Operating Activities
Net Income $780
Adjustment
Depreciation Expenses $130
Gain On Sale Of Investment -$70
Increase In Receivable -$470
Decrease In Inventories $240
Increase In Accounts Payable $280
Decrease In Accrued Liabilities -$70
$40
Net Cash From Operating Activities $820
Cash Flows From Investing Activities
Sale Of Long Term Investment $190
(1400-1280)+70
Purchase Of Plant Assets -$190 $0
Net Cash Used Investing Activities $0
Cash Flows From Financing Activities
Repayment Of Bonds Payable -$140
Issue Of Common Stock $210
Payment Of Dividends -$260
Net Cash From Financing Activities -$190
Net Increase In Cash And Cash Equivalents $630
Beginning Cash Balance $1,130
Ending Balance $1,760
