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Current Attempt in Progress The following three accounts appear in the general ledger of Lily Corp. during 2022 Equipment Date Debit Credit Jan. 1 Balance

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Current Attempt in Progress The following three accounts appear in the general ledger of Lily Corp. during 2022 Equipment Date Debit Credit Jan. 1 Balance 160,800 232,800 July 31 72.000 Balance Purchase of equipment Purchase of equipment Cost of equipment sold Sept 2 51,400 284, 200 Nov 10 49.400 234,800 Accumulated Depreciation-Equipment Debit Date Credit Balance Jan 1 Balance 69,000 Nov. 10 Accumulated depreciation on equipment sold 16,100 Depreciation for year 52.900 74,500 Dec 31 21,600 Retained Earnings Date Debit Credit Balance Jan. 1 Balance Aug 23 Dividends (cash) Dec 31 Net income 18,500 104 400 85.900 153,300 67.400 From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect The loss on disposal of plant assets was $8.900. (Show amounts that decrease cash flow with either a - signes. -15,000 or in pare (15,000)) LILY CORP Statement of Cash Flows (Partial) - Indirect Method Lila ID norca co LILY CORP Statement of Cash Flows (Partial) - Indirect Method $ Adjustments to reconcile net income to > > > > > elextbook and Media cment lavorlidov html?launchid=0785634e-f3dd-41f1-b38d-1e39bf9319d0#

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