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Additional transactions were as follows: A. Sold equipment costing $21,600, with accumulated depreciation of $16,200, for $3,600. B. Issued bonds for $90,000 on December 31

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Additional transactions were as follows: A. Sold equipment costing $21,600, with accumulated depreciation of $16,200, for $3,600. B. Issued bonds for $90,000 on December 31 . C. Paid cash dividends of $36,000. D. Retired a mortgage at a price of $108,000 on December 31 . Required: Prepare a statement of cash flows using a worksheet similar to the one shown in Example 14.8 (p. 804). Use the indirect method to propare the statement. Rosie-Lee Company Comparative Balance Sheets At June 30,201 and 202 Instructions Rosie-Lee Company Income Statement For the Year Ended June 30, 20X2 \begin{tabular}{|l|l|l|} \hline 1 & Sales & $920,00000 \\ \hline 2 & Cost of goods sold & (620,000.00) \\ \hline 3 & Gross margin & $300,000.00 \\ \hline 4 & Operating expenses & (177,600.00) \\ \hline 5 & Net income & $122,400.00 \\ \hline & & \\ \hline \end{tabular} exact wording of the answer choices for text entries.) Instructions Amount Descriptions x Worksheet s. Assets: 4. 5. 7 9 10 Liabilities and equity: Instructions Amount Descriptions Worksheet 1t Liabilities and equity: 17 13. 14 15 15 17. 18 18 Cash flows from operating activities: 25 Instructions Amount Desoriptions Worksheet Cash flows from operating activities: 11 n 21 34 Cash flows from investing activities: as 27 u Amount Descriptions Worksheet Cash flows from investing activities: 26 v 28 29 30 Cash flows from financing activities: 31 32 33 34 is

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