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Do It! Review 12-2b Marigold Corp. reported the following information for 2019. Marigold Corp Comparative Balance Sheets 2019 201 4,790 Decrease Accumulated depreciation-buldings 0 14,060)
Do It! Review 12-2b Marigold Corp. reported the following information for 2019. Marigold Corp Comparative Balance Sheets 2019 201 4,790 Decrease Accumulated depreciation-buldings 0 14,060) 7,030 tnorease 2,400 67,500 14,900 crease 6,210 35,86 Liabilities and Stockhalders Equity 42,70 $39,600 3,270 Increse 0 ,960 9,960 Decase Bands payable 170,020 ngease 3 680 6,870 Increase of goods sok Operating xe on dispesal of plant assets1,99 Additional information: 1 Operating expenses include depreciation expense of $39,610. 2. Land was sold at its book value for cash. 3. Cash dividends of $85,140 were declared and paid in 2019. Equipment with a cost of $166,390 was purchased for cash. Equipment 4 with a cost of $51,490 and a book value of $35,900 was sold for $33,910 s Bonds of $49,850 were redeemed at their face value for cash. t Common stock ($1 par) of $170,020 was issued for cash. Use this information to 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 e.g. (15,000).) Marigold Corp. Statement of Cash Flows Indirect Method
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