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Exercise 12-5 The following information is available for Ivanhae Company for the year ended December 31, 2017 Beoinninq cash balance Accounts payable decrease Depreciation expense
Exercise 12-5 The following information is available for Ivanhae Company for the year ended December 31, 2017 Beoinninq cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income Cash received for sale of land at book value Cash dividends paicd Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds 49,535 4,091 178,596 9,045 12,133 313,362 38,605 13,236 5,184 318,767 28,679 220,600 38 Prepare a statement of cash flows using the indirect method. Show mounts that decrease cash flow with eithera-sign e g 15,000 or rn parer thess eq. (15,000 Ivanhoe Company Statement of Cash Flows Indirect Method
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