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Condensed financial data of Oriole Company follow. Prepaid expenses Long-term investments Plant assets Accumulated depreciation Total begin{tabular}{rrr} 29,500 & 25,900 139,900 & 113,600
Condensed financial data of Oriole Company follow. Prepaid expenses Long-term investments Plant assets Accumulated depreciation Total \begin{tabular}{rrr} 29,500 & 25,900 \\ 139,900 & 113,600 \\ 275,500 & 242,800 \\ (47,100) & & (51,200) \\ \cline { 1 - 2 } & & $513,400 \\ \hline \hline \end{tabular} Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable $111,80016,500$67,30017,200 Bonds payable 110,800149,200 Common stock 220,400175,700 Retained earnings Total \begin{tabular}{l} $247,200$513,400104,000 \\ \hline \end{tabular} Oriole Company Income Statement For the Year Ended December 31, 2022 Sales revenue $391,500 Additional information: 1. New plant assets costing $79,100 were purchased for cash during the year. 2. Old plant assets having an original cost of $46,400 and accumulated depreciation of $36,000 were sold for $2,900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $28,500 was declared and paid during the year. Additional information: 1. New plant assets costing $79,100 were purchased for cash during the year. 2. Old plant assets having an original cost of $46,400 and accumulated depreciation of $36,000 were sold for $2,900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $28,500 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 o parenthesis e.g. (15,000).) Additional information: 1. New plant assets costing $79,100 were purchased for cash during the year. 2. Old plant assets having an original cost of $46,400 and accumulated depreciation of $36,000 were sold for $2,900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $28,500 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 o parenthesis e.g. (15,000).) Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2022 Cash Flows from Operating Activities Net Income $171,700 Adjustments to reconcile net income to $
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