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Current Attempt in Progress Condensed financial data of Sheffield Inc. follow. begin{tabular}{|c|c|c|} hline Plant assets & 171,000 & 145,500 hline Accumulated depreciation & (30,000)
Current Attempt in Progress Condensed financial data of Sheffield Inc. follow. \begin{tabular}{|c|c|c|} \hline Plant assets & 171,000 & 145,500 \\ \hline Accumulated depreciation & (30,000) & (31,200) \\ \hline Total & $409,500 & $308,850 \\ \hline \multicolumn{3}{|c|}{ Liabilities and Stockholders' Equity } \\ \hline Accounts payable & $61,200 & $40,380 \\ \hline Accrued expenses payable & 9,900 & 12,600 \\ \hline Bonds payable & 66,000 & 87,600 \\ \hline Commonstock & 132000 & 105,000 \\ \hline Retained earnings & 140,400 & 63,270 \\ \hline Total & $409,500 & $308,850 \\ \hline \end{tabular} \begin{tabular}{|c|} \hline \begin{tabular}{l} Sheffield Inc. \\ Income Statement Data \\ For the Vear Ended December 31, 2025 \end{tabular} \\ \hline Sales revenue \\ \hline \end{tabular} SUPPORT Additional information: 1. New plant assets costing $60,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $34,500 and accumulated depreciation of $29,100 were sold for $900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $15,618 was declared and paid during the year. 5. Common stock was issued at par for cash. Additional information: 1. New plant assets costing $60,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $34,500 and accumulated depreciation of $29,100 were sold for $900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $15,618 was declare 1 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 or in parenthesis eg. (15,000). Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg. 15,000 or in parenthesises (15,000). eTextbook and Media Assistance Used Save for Later Attempts: 0 of 3 used Subm SUPPORT
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