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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
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 $26,368. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $174,688.) (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g. (15,000).) Pina Colada Corp. Partial Statement of Cash Flows December 31, 2017 For the Year Ended December 31, 2017 For the Quarter Ended December 31, 2017 Adjustments to reconcile net income to e Textbook and Media Attempts: 0 of 3 used Save for Later
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