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a. Net income, $119,400 b. Dupreciation reported on the income statement, $37,620, C. Equipment was purchased at a cost of $65,070, and fully depreciated equipment

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a. Net income, $119,400 b. Dupreciation reported on the income statement, $37,620, C. Equipment was purchased at a cost of $65,070, and fully depreciated equipment costing $19,200 was discarded. with no-3akage realized, d. The mortgage note payable was not due for sio yeara but the terma permitted narlier payment without penalty. e. 6,000 shares of common stock were issued at $18 for cash. f. Cash dividends deciared and paid, $72,760. Presare a statement of cash flom, using the indirect method of presenting cash fiovrs from operating activities. Use the minus sign to indicate cash Yeslow Dog Enterprises Inc Statement of Cash Flowa

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