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UVC Previous attempt Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Ending Balance $ 121,800 95,900 128.800 346,500 339,000 113,000 226,000 $ 572,500 Beginning Balance $ 146,550 103,400 122.500 367,450 329,000 32,250 246,250 $ 614,200 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholderst equity $ 75,200 58,300 141,000 164,500 133,500 $ 572,500 $ 133,500 80,29 117.500 141,800 142.000 $ 614,200 During the year, Ravenna paid a $14,100 cash dividend and it sold a piece of equipment for $7050 that had originally cost $16,800 and had accumulated depreciation of $11,200. The company did not retire any bonds or repurchase any of its own common stock during the year Prey 1 2 3 5 of 10 Next > Lor this question in the previous attempt Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity 141,000 164,500 133,500 5572,500 117,500 141,000 142,000 5.614,200 During the year, Ravenna paid a $14,100 cash dividend and it sold a piece of equipment for $7050 t had originally cost $16,800 and had accumulated depreciation of $11,200. The company did not retire any bonds or repurchase any of its own common stock during the year, Foundational 15-3 (Algo) 3. How much depreciation would the company add to net income on its statement of cash flows? Depreciations (4.150) 5 1 2 3 Prey of 10 Next >