(Solution) - The Village of Parry reported the following for its Print -(2025 Original AI-Free Solution)

Paper Details

The Village of Parry reported the following for its Print Shop Fund for the year ended April 30, 2012.

The Print Shop Fund records also revealed the following:
1. Contribution from General Fund for working capital needs. . . . . $ 80,000
2. Contribution from General Fund for purchase of equipment . . . . 100,000
3. Loan from Water Utility Fund for purchase of equipment . . . . . . 300,000
4. Purchase of equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (500,000)
5. Purchase of one-year investments . . . . . . . . . . . . . . . . . . . . . . . . (50,000)
6. Paid off a bank loan outstanding at May 1, 2011 . . . . . . . . . . . . (51,000)
The loan was for short-term operating purposes. . . . . . . . . . . . .
7. Signed a capital lease on April 30, 2012 . . . . . . . . . . . . . . . . . . . $42,180
The following balances were observed in current asset and current liability accounts. ( ) denote credit balances:



Prepare a Statement of Cash Flows for the Village of Parry Print Shop Fund for the Year Ended April 30, 2012. Include the reconciliation of operating income to net cash provided by operatingactivities.