(Solution) This information is for Cullumber Corporation

This information is for Cullumber Corporation for the year ended December 31, 2025.

Inventory $25,700 Cash paid for new equipment $11,600 Cash paid to suppliers 104,900 Equipment 38,600 Buildings 200,400 Service revenue 105,500 Common stock 50,100 Cash received from customers 131,300 Cash dividends paid 7,200 Cash received from issuing common stock 21,300 Cash at beginning of period 8,800 balance

(a) Prepare the 2025 statement of cash flows for Cullumber Corporation. (Show amounts that decrease cash flow with e.g. −15,000 or in parenthesis e.g. (15,000).

Related: (Solution) Clarkson Lumber Company Assignment 1

Solution

Preparation of 2025 statement of cash flow for Cullumber Corporation

The cashflow statement is prepared for the year ended December 31, 2025 since it summarizes the cashflows that happened within the year,

A typical cash flow statement comprises three sections: cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities.

Cullumber Corporation
Statement of Cash Flows
For the Year Ended December 31, 2025
Cashflows from Operating Activities
Cash received from customers	131,300
Cash paid to suppliers	-104,900
Net cash provided by operating activities		26,400

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