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Condensed financial data of Carla Vista Inc. follow. Additional information: 1. New plant assets costing $250,000 were purchased for cash during the year. 2. Old
Condensed financial data of Carla Vista Inc. follow. Additional information: 1. New plant assets costing $250,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $143,750 and accumulated depreciation of $121,250 were sold for $3,750 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $65.075 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. CARLA VISTA INC. Statement of Cash Flows - Indirect Method $ Adjustments to reconcile net income to $
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