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Current Attempt in Progress The following information is available for Teal Mountain Corporation for the year ended December 31, 2022 $39,000 3,000 Beginning cash balance

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Current Attempt in Progress The following information is available for Teal Mountain Corporation for the year ended December 31, 2022 $39,000 3,000 Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase 81,000 8,100 13,000 Net income 338,500 Cash received for sale of land at book value 39.000 Sales revenue 742,500 10,800 4,600 Cash dividends paid Income tax payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds 149,000 38,100 281,000 Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-signes -15,000 or in parenthesis eg. (15,000) Statement of Cash Flows-Indirect Method $ Adjustments to reconcile net income to $

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