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General Calibri (Body] BIO-A x fare E Merge Center Con 068 Assume that the depreciation recorded in 2018 was $15,000. Assume the net income for

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General Calibri (Body] BIO-A x fare E Merge Center Con 068 Assume that the depreciation recorded in 2018 was $15,000. Assume the net income for 2018 was $ 24,000. Compute the cash spent to purchase plantas assuming no assets were sold or scrapped in 2018. Also compute the amount of dividends dedared 61 Cash paid to purchase plant assets 62 Plan assets on dec 31, 2018 235,000 63 Add: depreciation during 2018 15,000 64 Total plant assets 250 000 65 Less: plant assets on an 1 2018 230,000 66 Cash paid to purchase plant assets: 20,000 67 Cash paid for dividende 68 Retained Earnings on Jan 1, 2018 35,000 69 Add net income 2018 24,000 70 Total income with dividend 59.000 71 Less: Retained Earning on records 53,000 72 Dividend paid during 2018 6,000 73 EH 74 Using the above data, prepare the statement of cash flows

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