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9 C presents the following information for the year just ended. Cash Beginning $45,200 Increase in Accounts Rec. 5,000 Dividends paid 65,000 Interest paid 19,000

9 C presents the following information for the year just ended.

Cash Beginning $45,200 Increase in Accounts Rec. 5,000

Dividends paid 65,000 Interest paid 19,000

Income taxes paid 71,000 Cost of Goods Sold 600,000

Increase in Inventories 50,000 Increase in Payables 15,000

Cash paid to acquire equipment 21,000 Proceeds from loan 10,000

Loans made to borrowers 5,000 Collections on loans 4,000

Interest and dividends received 17,000 Sales 800,000

Present the Operating Activities section of a proper statement of cash flows. Put brackets around disbursements. The Investing and Financing sections are extra credit. Indirect method.

T Company

Statement of Cash Flows

Operating Activities

Cash Received from Customers

Cash Received From Dividends and Interest

Cash Paid to Suppliers

Cash Paid for Expenses

Cash Paid for Interest

Cash Paid for Taxes

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