Question 3 of 3 Additional information: 1. Net income for 2022 was $104,300. 2. Depreciation expense...
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Question 3 of 3 Additional information: 1. Net income for 2022 was $104,300. 2. Depreciation expense was $32,300. 3. Cash dividends of $46,300 were declared and paid. 4. Bonds payable with a carrying value of $54,200 were redeemed for $54,200 cash. 5. Common stock was issued at par for $44,300 cash. 6. No equipment was sold during 2022. 7. Land was sold for its book value. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with ei e.g.-15,000, or in parenthesis e.g. (15,000).) SUNLAND Company Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to +A 104300 Question 3 of 3 Additional information: 1. Net income for 2022 was $104,300. 2. Depreciation expense was $32,300. 3. Cash dividends of $46,300 were declared and paid. 4. Bonds payable with a carrying value of $54,200 were redeemed for $54,200 cash. 5. Common stock was issued at par for $44,300 cash. 6. No equipment was sold during 2022. 7. Land was sold for its book value. Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with ei e.g.-15,000, or in parenthesis e.g. (15,000).) SUNLAND Company Statement of Cash Flows For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income Adjustments to reconcile net income to +A 104300
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