Statement of Cash Flows Refer to the information provided in Cornerstone Exercises 15-19, 15-20,…

Statement of Cash Flows Refer to the information provided in Cornerstone Exercises 15-19, 15-20, and 15-21.

Required:

1. Prepare a statement of cash flows for Blaylock Company for 2012.

2. What is the relationship between the statement of cash flows and the change in cash calculated in Cornerstone Exercise 15-18?

Exercise 15-18

Change in Cash Blaylock Company provided the following information:

Required:

1. Calculate the change in cash.

2. Explain the role of the change in cash flow in the statement of cash flows.