Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

Exercise 19

The following information has been taken from the consolidation worksheet of Peak and its 90 percent-owned subsidiary, Valley:
•Peak reports a $12,000 gain on the sale of a building.The building had a book value of $32,000 but was sold for $44,000 cash.
•Intra-entity inventory transfers of $ 129,000 occurred during the current period.
•Valley paid a $30,000 dividend during the year with $27,000 of this amount going to Peak.
•Amortization of an intangible asset recognized by.Peak's worksheet was $16,000 for the current period.
•Consolidated accounts payable decreased by $ 11,000 during the year.
Indicate how to reflect each of these events on a consolidated statement of cash flows.