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Given below are comparative financial statements and additional information of the following trading firm: Juko Company Comparative Balance Sheets As at 31 March 2020 2019

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Given below are comparative financial statements and additional information of the following trading firm: Juko Company Comparative Balance Sheets As at 31 March 2020 2019 Cash $75,030 $49,740 Accounts receivable 101,950 99,070 Prepaid Insurance 36,000 16,000 Plant assets 425,000 390,000 Accumulated depreciation (175,030) (110,500) Total $462,950 $444,310 Accounts payable $33,500 $70,100 Unearned Revenue 62,400 72,110 Bonds Payable 100,000 100,000 Common stock 100,000 50,000 Retained earnings 167,050 152,100 Total $462,950 $444,310 Additional Information 1. The sales revenue for the year was $609,000 while the cost of goods sold, operating expenses and non-operating items amounted to $562,400. 2. Cash dividends were paid during the year. The only changes to Retained Earnings during the year were Net Income and Dividends. 3. 4 New equipment was acquired for $68,000 cash. Received cash for the sale of equipment that had accumulated depreciation of $22,600. The gain on disposal was $3,300. 5. Common stock was issued for cash. Required: Prepare a statement of cash flows for Juko Company for the year ended March 31, 2020 using the indirect method. Paint X lite

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