current year cash receipts and disbursements for the walker aquarium appear below (in thousands). 1. unrestricted cash contributions, $6,000. 2. collections of documented promises, $65. 3. cash endowments donor-restricted in perpetuity, $45. 4. grant received from a private trust, restricted to special programs, $500. $425 is spent on these programs. 5. cash paid to acquire equipment, $200. 6. cash invested in securities, $150. cash received from the sale of securities, $35. 7. donor-restricted cash accumulated in prior years, spent for programs: $150; spent for equipment, $125. 8. program, fund-raising and administrative expenses were $5,700; accounts payable increased $40 during the year, and depreciation included in expenses was $50. 9. investment income was $25; included was $5 in unrealized gains.
Required
Prepare a statement of cash flows for Walker Aquarium, in good form. The beginning cash balance was $120, and the direct method is used for cash from operating activities.
Use negative signs with any answers that decrease (reduce) cash balance.
Walker Aquarium
Statement of Cash Flows
(in thousands)
Cash flows from operating activities Contributions Answer
Grant Answer
Investment income Answer
Program expenditures Answer
Net cash from operating activities Answer
Cash flows from investing activities Equipment purchases Answer
Investment purchases Answer
Sale of investments Answer
Net cash used for investing activities Answer
Cash flows from financing activities Endowments Answer
Net cash from financing activities Answer
Increase in cash Answer
Beginning cash balance Answer
Ending cash balance Answer
