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Callaho Inc. began operations on January 1 , 2 0 1 8 . Its adjusted trial balance at December 3 1 , 2 0 1
Callaho Inc. began operations on January Its adjusted trial balance at December and is shown below.
Other information regarding Callaho Inc. and its activities during follow in a through e:
a Assume all accounts have normal balances.
b Equipment was sold for cash of $
c Old machinery was sold for cash of $ New machinery was purchased for $ cash.
d Common stock was issued for cash.
e Cash dividends of $ were declared and paid.
Using the information provided, prepare a statement of cash flows using the indirect method for the year ended December
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