FIND :

The three accounts shown below appear in the general ledger of Robert NV during 2020. Equipment Date Debit Credit Jan. 1 Balance Balance 160,800 232,800 July 31 72,000 Sept. 2 Purchase of equipment Cost of equipment constructed Cost of equipment sold 51,400 284,200 Nov. 10 49.400 234.800 Accumulated Depreciation-Equipment Debit Date Credit Balance Jan. 1 Balance Nov. 10 30,100 Accumulated depreciation on equipment sold Depreciation for year 69,000 38.900 60,500 Dec. 31 21,600 Retained Earnings Date Debit Credit Balance 104,400 Jan. 1 Balance Aug. 23 18,500 85.900 Dividends (cash) Net income Dec. 31 67.400 153,300 From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was 4,900. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of 51,400. (Show amounts that decrease cash flow with either a - signeg.-15.000 or in parenthesis e.g. (15,000.) ROBERT NV Partial Statement of Cash Flows For the Year Ended December 21, 2020 Net Ceak Provided by investing Acties Adjustments to reconcile net income to V V