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Cash Flow Statement: 17. Using the data below, prepare a statement of cash flows (indirect method) for Hanger Corporation for the year 2019. Cash Accounts
Cash Flow Statement: 17. Using the data below, prepare a statement of cash flows (indirect method) for Hanger Corporation for the year 2019. Cash Accounts receivable Inventory Prepaid Rent Land Buildings Accumulated depreciation Equipment December 31 2019 2018 $72.000 $26.000 98,500 76.900 145,000 165,000 6.800 6.100 110,000 70,000 268,000 226,000 (29,000) (9.000) 15.000 30.000 $686.300 $591.000 Accounts payable Salaries payable Bonds payable Common stock Retained earnings Treasury stock, at cost $89.000 49,500 115,000 110,000 332.800 (10,000) $686.300 $83.000 59.900 60,000 110,000 281.100 (3.000) $591.000 Net income Depreciation expense Cash dividends declared and paid For 2019 Year $75,300 20,000 23,600
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