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*******DROP DOWN OPTIONS ARE: Financing Activities, Investing Activities, Non Cash Investing and Financing Activity, Not Shown, or Operating Activities ********* Each of the following items
*******DROP DOWN OPTIONS ARE: Financing Activities, Investing Activities, Non Cash Investing and Financing Activity, Not Shown, or Operating Activities *********
Each of the following items must be considered in preparing a statement of cash flows (indirect method for Coronado Inc. for the year ended December 31, 2017. State where each item is to be shown in the statement of cash flows, if at all. (a) $ (b) $ Patent amortization for the year was $14,000. During the year, treasury stock costing $24.000 was purchased. Plant assets that had cost $19.000 6 years before and were being depreciated on a straight-line basis over 10 years with no estimated scrap value were sold for $4.200 Sale proceeds (c) $ $ Depreciation v $ Gain on Sale of Land $ $ During the year 10,000 shares of common stock with a stated value of $10 a shere were issued for $83 a share. The company exchanged common stock for a 70% interest in Tabasco Co. worth $990,000 (f) $ GAStep by Step Solution
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