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Hunter Company is developing its annual financial statements at December 31. The statements are complete except for the statement of cash flows. The completed comparative

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Hunter Company is developing its annual financial statements at December 31. The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized: Additional Data: a. Bought equipment for cash, $9,500. b. Paid $12,000 on the long-term notes payable. c. Issued new shares of stock for $22.500 cash d. Declared and poid a 54,300 cash dividend a. Other expenses included depreciation, $6,500; salaries and wages, $10,500; taxes, $3,500; utlities, $8,500 a. Bought equipment for cash, $9,500. b. Paid $12,000 on the long-term notes payable. c. Issued new shares of stock for $22,500 cash. d. Declared and paid a $4,300 cash dividend. e. Other expenses included depreciation, $6,500; salaries and wages, $10,500; taxes, $3,500; utilities, $8,500. f. Accounts Payable includes only inventory purchases made on credit. Because there are no lability accounts felating to taxes or other expenses, assume that these expenses were fully pald in cash. Required: 1. Prepare the statement of cash flows for the year ended December 31 using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) HUNTER COMPANY Statement of Cash Flows For the Year Ended December 31 Cash Flows from Operating Activities: Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities: Cash Flows from Investing Activities: Cash Flows from Financing Activities

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