The comparative statements of financial position of Lopez Inc. at the beginning and the end of the

Question:

The comparative statements of financial position of Lopez Inc. at the beginning and the end of the year 2019 appear as follows.

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Net income of $34,000 was reported, and dividends of $13,000 were paid in 2019. New equipment was purchased and none was sold.
Instructions
Prepare a statement of cash flows for the year 2019.
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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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