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Grouper Inc., had the following condensed balance sheet at the end of operations for 2019. During 2020, the following occurred. 1. A tract of land

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Grouper Inc., had the following condensed balance sheet at the end of operations for 2019. During 2020, the following occurred. 1. A tract of land was purchased for $8,900. 2. Bonds payable in the amount of $15,000 were redeemed at par. 3. An additional $10.000 in common stock was issued at par. 4. Dividends totaling $9,400 were paid to stockholders. 5. Net income was $30,300 after allowing depreciation of $13,700. 6. Land was purchased through the issuance of $22,800 in bonds. 7. Grouper inc, sold part of its investment portfolio for $12,900. This transaction resulted in a gain of $1.900 for the company. No unrealized gains or losses wore recorded on these ifvestments in 2020. 8. Both current assets (other than cash) and current liabilities remained at the same amount. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flow with either a-sign e.g. 15,000 or in parenthesis eg. (15,000)/ Cash Flows from investing Activities Cash Flows from Financing Activities Prepare the condensed balance sheet for Grouper Inc. as it would appear at December 31,2020 . ILISt as: Liquidity.) Liabilities and Equities Current Liabilities Long-term Notes Payable Bonds Payable Common Stock Retained Earnings Total Liabilities

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