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4 Prepare the 2 0 2 3 cash flow statement for Buragina Inc. using the indirect method to report cash flows from operating activities. Transaction

4 Prepare the 2023 cash flow statement for Buragina Inc. using the indirect method to report cash flows from operating activities.
Transaction data for 2023
Amortization expense ......................
$40,000
Payment of cash dividends ............
$72,000
Issuance of long-term note
Net income .....................................
104,000
payable to borrow cash ................
28,000
Purchase of long-term
Issuance of common
investment ..................................
32,000
shares for cash ...........................
76,000
Issuance of long-term note
Cash received from sale
payable to purchase patent ........
148,000
of building ....................................
296,000
Issuance of common shares
Repurchase of own shares .............
20,000
to retire $52,000 of bonds ...........
52,000
Loss on sale of building ...................
8,000
Purchase of equipment ...................
392,000
17.2-87 Full Alternative Text

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