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Condensed financial information for Oakley Inc. appear below: Equipment costing $97,000 was purchased for cash during the year. Investments were sold at cost. Equipment costing
Condensed financial information for Oakley Inc. appear below: Equipment costing $97,000 was purchased for cash during the year. Investments were sold at cost. Equipment costing $47,000 was sold for $15, 550 during the year. A cash dividend of $83, 400 was declared and paid during the year. Prepare s statement of cash flows for the year ended December 31, 2015, using the indirect method
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