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for Pronghorn Company as of Decemhar 31 are as follows. Additional information: equipments. 2 Land was sold for cast at book value. 3. Cash dividends

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for Pronghorn Company as of Decemhar 31 are as follows. Additional information: equipments. 2 Land was sold for cast at book value. 3. Cash dividends of $15,600 were declared and paid. 4. Net income for 2025 was $48,100. 5. Equipment was purchased for $119,600 cash. In addition, equipnent costing $20,600 with a book value of $10000 won welo for $10,400 cash. 6. 52,000 shares of $1 par value common stock were issued in exchange for land with atair value of $52,000. PRONGHOAN COMPAFY Statement of Cash Flows a Indirect Method For the veer Enseit Deroonoer 11,2025 Not wicome is ancos Adjustiments to meconclie net income to 5

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