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Help on red. Date Jan. 1 July 31 Sept. 2 Nov. 10 Balance Purchase of equipment Cost of equipment constructed Cost of equipment sold Debit

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Date Jan. 1 July 31 Sept. 2 Nov. 10 Balance Purchase of equipment Cost of equipment constructed Cost of equipment sold Debit Credit Balance 160,400 231,300 283,900 51,300 232,600 70,900 52,600 Date Jan. 1 Nov. 10 Dec. 31 Balance Accumulated depreciation on equipment sold28,900 Depreciation for year Debit Credit Balance 69,600 40,700 21,000 61,700 Retained Earnings Date Jan. 1 Aug. 23 Dec. 31 Balance Dividends (cash) Net income Debit Credit Balance 105,100 89,200 66,700 155,900 15,900 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 equipment was $5,600. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $52,600) (Show amounts that decrease cash flow with elther a - sign e.g.-15,000 or in parenthesis e.g. (35,000).)

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