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Ayayai Inc., a greeting card company that follows ASPE, had the following statements prepared as at December 31,2023 . Question 5 of 5 Additional information:

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Ayayai Inc., a greeting card company that follows ASPE, had the following statements prepared as at December 31,2023 . Question 5 of 5 Additional information: Dividends on common shares in the amount of $5,000 were declared and paid during 2023. Dividends paid are treated as 1. funancing activities: 2. Depreciation expense is included in operating expenses, as is salaries and wages expense of $69.500 3. Equipment with a cost of $22.000 that was 70% depreciated was sold during 2023. Prepare a statement of cash flows using the indirect method. (Show amounts that decranie cash flow with ather a nagative iljures. o (15.000) ) Ayayai Inc., a greeting card company that follows ASPE, had the following statements prepared as at December 31,2023 . Question 5 of 5 Additional information: Dividends on common shares in the amount of $5,000 were declared and paid during 2023. Dividends paid are treated as 1. funancing activities: 2. Depreciation expense is included in operating expenses, as is salaries and wages expense of $69.500 3. Equipment with a cost of $22.000 that was 70% depreciated was sold during 2023. Prepare a statement of cash flows using the indirect method. (Show amounts that decranie cash flow with ather a nagative iljures. o (15.000) )

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