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Balance Sheets - Income Statement Additional information Additional information follows: a. Sold plant asset for $4,400. The original cost of this plant asset was $10,000
Balance Sheets - Income Statement Additional information Additional information follows: a. Sold plant asset for $4,400. The original cost of this plant asset was $10,000 and it had $9,100 of accumulated depreciation associated with it. b. Paid $6,000 on the bonds payable; issued $46,000 of new bonds payable. c. Declared and paid cash dividends of $14,000. d. Purchased new investment for $13,000. Paid cash. e. Purchased new equipment for $40,000. Paid cash. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and for net cash outflows.) Hartmann Industries, Inc. Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2021 Operating Activities: Net income Adjustments to reconcile net income to cash basis: Net cash provided by (used for) operating activities Balance Sheets - Income Statement Additional information Additional information follows: a. Sold plant asset for $4,400. The original cost of this plant asset was $10,000 and it had $9,100 of accumulated depreciation associated with it. b. Paid $6,000 on the bonds payable; issued $46,000 of new bonds payable. c. Declared and paid cash dividends of $14,000. d. Purchased new investment for $13,000. Paid cash. e. Purchased new equipment for $40,000. Paid cash. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and for net cash outflows.) Hartmann Industries, Inc. Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2021 Operating Activities: Net income Adjustments to reconcile net income to cash basis: Net cash provided by (used for) operating activities
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