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Brooklyn Corporation has the following activities for the past year: EEB (Click the icon to view the data.) Prepare the statement of cash flows for

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Brooklyn Corporation has the following activities for the past year: EEB (Click the icon to view the data.) Prepare the statement of cash flows for Brooklyn Corporation for the year. Brooklyn Corporation uses the indirect method for operating activities. Prepare the statement one section at a time. (Use a minus sign or parentheses for numbers that should be subtracted) Brooklyn Corporation Statement of Cash Flows (Indirect Method For the Year Ended December 31 Operating Activities: Adjustments to reconcile net income to cash basis Net cash provided by (used for) operating activities Choose from any list or enter any number in the input fields and then click Check Answer Clear All parts remaining O Type here to search 1 Data Table Cost of goods sold .S S 10,000 S 17,000 28,000 $ 7,000 Other operating expenses . Payment of dividends Proceeds from issuance of stock .S 72,000 Depreciation expense... Purchase of treasury stock S Sales revenue Payment of long-term note payable $ 15,000 Increase in current assets Decrease in current liabilities $ 12,000 Purchase of equipment with cash. S 119,000 Proceeds from sale of land S 17,000 S 5,000 $ 11,000 other than cash Print Done

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