This information is for Heartland Company for the year ended December 31, 2011.Cash received from…

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This information is for Heartland Company for the year ended December 31, 2011.Cash received from revenues from customers …….. $600,000Cash received for issuance of common stock ……… 350,000Cash paid for new equipment …………… 100,000Cash dividends paid ……………… 20,000Cash paid for expenses …………….. 410,000Cash balance 1/1/11 ………………. 30,000InstructionsPrepare the 2011 statement of cash flows for Heartland Company.View Solution:
This information is for Heartland Company for the year ended