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Check my work 10 The following summary transactions occurred during 2021 for Bluebonnet Bakers: 10 points Skipped Cash Received from: Collections from customers Interest on

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Check my work 10 The following summary transactions occurred during 2021 for Bluebonnet Bakers: 10 points Skipped Cash Received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash Paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $430,000 8,500 48,000 28,000 145,000 205,000 9,500 82,000 87,000 34,000 29,000 Book Hint Print References The balance of cash and cash equivalents at the beginning of 2021 was $20,000. Required: Prepare the statement of cash flows assuming that Bluebonnet prepares its financial statements according to International Financial Reporting Standards. Where IFRS allows flexibility, use the classification used most often in IFRS financial statements (Amounts to be deducted should be indicated with a minus sign.)

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