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Additional information for the year ended December 31, 2022: Accounts receivable decreased ( $ 2,000 ). Inventories increased ( $ 4,000 ). Patents increased by
Additional information for the year ended December 31, 2022: Accounts receivable decreased \\( \\$ 2,000 \\). Inventories increased \\( \\$ 4,000 \\). Patents increased by \\( \\$ 1,500 \\). Accounts payable decreased \\( \\$ 7,000 \\) Short term bank loans payable increased by \\( \\$ 3,000 \\). Current maturities of long-term debt increased \\( \\$ 1,500 \\). During the year, a piece of land held for future expansion was sold for its book value of \\( \\$ 8,000 \\). During the year, a new service truck was purchased for \\( \\$ 14,000 \\). JKL Co. sold another company's securities at their book value of \\( \\$ 5,000 \\) JKL Co. borrowed \\( \\$ 18,000 \\) on a two-year note from the bank. JKL Co. borrowed \\( \\$ 3,000 \\) from the bank on a three-month note. Dividends of \\( \\$ 6,000 \\) were paid in cash to JKL shareholders. Preferred stock was issued to retire \\( \\$ 7,000 \\) of long-term notes payable. The beginning cash balance was \\( \\$ 22,000 \\). Required: prepare a statement of cash flows for Stable Equipment Company for the year ended December 31, 2022. Use the indirect method for the operating activities section of the statement
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