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December 31 2020 2019 Cash $ 12.200 $ 17,700 Accounts receivable 25.200 22,300 Investments 25.000 16,000 Equipment 60.000 70,000 Accumulated depreciation (14.000) (10.000) Total 5108.400

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December 31 2020 2019 Cash $ 12.200 $ 17,700 Accounts receivable 25.200 22,300 Investments 25.000 16,000 Equipment 60.000 70,000 Accumulated depreciation (14.000) (10.000) Total 5108.400 $116,000 Accounts payable $ 14,600 $11.100 Bonds payable 10,000 30,000 Common stock 50,000 45,000 Retained earnings 33.800 29.900 Total $108.400 $116.000 Common stock 50.000 45.000 29.900 Retained earnings 33.800 Total 5108.400 $116.000 Additional information: 1. Net Income was $17,300. 2. Dividends - Calculate the amount 3. Equipment which cost $10,000 and had accumulated depreciation of $2.200 was sold for $3,800. 4. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation 5. Depreciation Expense -- Calculate the amount 6. Gain or Loss -- Calculate the amount. Requirement: Prepare a statement of cash flows for 2020 using the indirect method (Omit Company Heading) Edit View Insert Format Tools Table 2 BI A 12pt Paragraph 2 15 D 0 DUO 6 OL

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