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Current Attempt in Progress The following financial statements were furnished by the Cinrich Compamy: begin{tabular}{lcc} Accounts payable (all relate to inventory purchases) & $9,081 &
Current Attempt in Progress The following financial statements were furnished by the Cinrich Compamy: \begin{tabular}{lcc} Accounts payable (all relate to inventory purchases) & $9,081 & $4,916 \\ \hline Accrued wages payable & 1,700 & 1,291 \\ Common stock & 37,000 & 37,000 \\ Retained earnings & 34,596 & 21,294 \\ Totalliabilities and equity & $82,377 & $64,501 \\ \hline \end{tabular} in 2020. Cinrich purchased equipment for $24,390 and sold some equipment for its book value (i.e, no gain or loss resulted). (3) Prepare a staternent of cash flowi using the indirect method. (Enter amounts that decrease cash flow either with a nejative sim preceding the number, es- 15,000 or porenthesises. (15,000))
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