Problem 14(13)-1A

Name: Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. MAVENIR TECHNOLOGIES INC. Statement of Cash Flows For the Year Ended December 31, 2010 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Add: Changes in current operating assets and liabilities: Deduct:

Net cash flow from operating activities Cash flows from investing activities:

Net cash flow used for investing activities Cash flows from financing activities:

Net cash flow provided by financing activities Increase in cash Cash at the beginning of the year Cash at the end of the year

Problem 14(13)-1A

Name: SOLUTION Section: Enter the appropriate amounts in the shaded cells below. A red asterisk (*) will appear to the right of an incorrect amount in the outlined cells. MAVENIR TECHNOLOGIES INC. Statement of Cash Flows For the Year Ended December 31, 2010 Cash flows from operating activities: Net income Adjustments to reconcile net income to net cash flow from operating activities: Add:Depreciation Gain on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable Deduct: Increase in inventories Increase in accounts payable Decrease in accrued expenses Net cash flow from operating activities Cash flows from investing activities: Cash received from sale of investments Cash paid for purchase of land Cash paid for purchase of equipment Net cash flow used for investing activities Cash flows from financing activities: Cash received from sale of common stock Cash paid for dividends Net cash flow provided by financing activities Increase in cash Cash at the beginning of the year Cash at the end of the year

$75,520

9,200 (20,000) (9,440) (12,320) 11,760 (5,200) $49,520

$140,000 $164,000 76,000 240,000 (100,000)

$116,000 45,600 70,400 $19,920 292,960 $312,880