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Condensed financial data of Wildhorse Co. follow. Additional information: 1. New plant assets costing $140,000 were purchased for cash during the year. 2. Old plant
Condensed financial data of Wildhorse Co. follow. Additional information: 1. New plant assets costing $140,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $80,500 and accumulated depreciation of $67,900 were sold for $2,100 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $36,442 was declared and paid during the year. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in
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