Fundamentals of Advanced Accounting 5th Edition by Joe Ben Hoyle,Thomas Schaefer,Timothy Doupnik

Exercise 43

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