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Additional Data 1 During Year 2, the company sold equipment for $18,311, it had originally cost $32,000. Accumulated depreciation on this equipment was $14,139 at
Additional Data 1 During Year 2, the company sold equipment for $18,311, it had originally cost $32,000. Accumulated depreciation on this equipment was $14,139 at the time of the sale. Also the company purchased equipment for $7150 cash 2. The company sold land that had cost $4,280. This land was sold for $4,200, rosulting in the rocognition of a $80 loss Also common stock was issued in exchange for title to land that was valued at $14,000 at the time af exchange 3. Paid diMidends of $10,104 Required Prepare a statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) PSY COMPANY Less: Increases in current assets and Decreases in curront labiities Cash fiows from ivesting acivites Cash fows from fnancing activt Prey 1 of 1lx Cash fows from financing activities Ending cash balance Schedule of noncash investing and fnancing activities Prex 10f 1111 Next here to search
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