Champaca Company

Net income 750,000

Depreciation 500,000
Amortization 200,000
Decrease in Accounts Receivable 70,000
Increase in Inventory 50,000
Increase in Accounts Payable 45,000
Decrease in Accounts Payable 15,000
Net Cash provided by operating Activities 1,500,000

Karr Company

Net Income 3,000,000

Gain on sale of Equipment 50,000
Depreciation 520,000
Net cash provided by operating activities 3,470,000

Net increase on accumulated on equipment depreciation 400,000

Add back accumulated on equipment sold 120,000
Total Depreciation for the year 520,000

Cash received from sale of equipment 180,000

(carrying amount of 130,000 plus gain 50,000)
Payment of equipment 100,000
Net Cash used in investing activities 280,000

Capiz Company

Increase in long term debt 5,000,000

Purchases of treasury shares 1,000,000
Proceeds from Issuance of share capital 4,000,000
Payment of Cash dividends 2,500,000
Net cash provided by financing activities 5,500,000

Cash Balance- January 1 6,000,000

Net Cash provided -operating 10,000,000
Net cash used- investing 5,000,000
Net cash provided- financing 5,500,000
Cash Issuance 16,500,000

Net income 8,000,000

increase in accounts receivable 2,000,000
Decrease in inventory 3,500,000
Increase in accounts as notes payable 4,000,000
Decrease in income tax payable 4,500,000
Depreciation as amortization 1,500,000
Gain on Sale of equipment 500,000
Net cash provided- operating activities 10,000,000

Purchases of equipment for cash -7,000,000

Proceeds from sale of equipment 2,000,000
Net cash used in investing activities -5,000,000

Mahogany Company

Net income 3,400,000

Depreciation 1,000,000
Sale of Equipment 100,000
Decrease in accounts payable 200,000
Decrease in inventory 150,000
Increase in accounts receivable 50,000
Net cash provided by operating activities 4,400,000

Blacktown Company

Net income 3,300,000

Decrease in accounts payable 150,000
Increase in inventory 50,000
Decrease in accounts receivable 100,000
Decrease in prepaid expense 200,000
Depreciation 900,000
Gain on sale of equipment 300,000
Cash flow from operations 4,000,000

Butuan Company

Net Income 800,000

Depreciation 600,000
Increase in accounts receivable 500,000
Decrease in inventory 100,000
Increase in prepaid expense 20,000
Increase in accrued expense 30,000
Decrease in income tax payable 50,000
Increase in accounts payable 140,000
Net cash provided by operating activities 1,100,000
Star Company

Cash collected from customers 10,000,000

Cash received from sale of building 5,600,000
Cash paid to purchased machinery 1,950,000
Cash paid to purchased inventory 7,800,000
Interest paid 450,000
Income taxes paid 1,320,000
Net cash provided by operating activities 4,080,000

Bumper Company

Net income 1,360,000

Depreciation expense 400,000
Increase accounts receivable 120,000
Decrease in inventory 280,000
Accounts payable decrease 80,000
Cash flow from operations 1,840,000

Roe Company

Accumulated depreciation-2015 1,020,000

Depreciation-2016 (sqeeze) 280,000
Total 1,300,000
Accumulated depreciation on machine sold:
Cost 400,000
Carrying amount (260,000 + 40,000 loss) 300,000 100,000
Accumulated depreciation-2016 1,200,000

Machinery-2015 2,500,000
Machinery purchased in 2016-(sqeeze) 1,100,000
Total 3,600,000
Cost of machine sold 400,000
Machinery-2016 3,200,000