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I need to make a statement of cash flows using the indirect method. The Murdock Corporation reported the following balance sheet data for 20 and

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I need to make a statement of cash flows using the indirect method.
The Murdock Corporation reported the following balance sheet data for 20 and 2010 2010 2011 s (22,955) 77,375 Cash Available-for-sale securities 85.000 15.500 (not cash equivalents) 68.250 80.000 Accounts receivable 145,000 165.000 Inventory 2.000 1.500 Prepaid insurance 1,125.000 1.250.000 Land, buildings, and equipment 610,000) 572,000) Accumulated depreciation 830.295 979,375 Total assets 102.760 76,340 Accounts payable 24.500 20.000 Salaries payable 75,000 25.000 Notes payable (current) 200.000 Bonds payable 300,000 300,000 Common stock 58,035 328.035 Retained earnings 979.375 830.295 Total liabilities and shareholders' equity Additional information for 2011: $69,500 for $74,000. (1) Sold available-for-sale securities costing (2.) Equipment costing $20,000 with a book value of $5,000 was sold for $6,000. (3.) Issued 6% bonds payable at par, $200,000. (4.) Purchased new equipment for cash $145,000. (5.) Paid cash dividends of $20,000. (6.) Net income was $50,000. Required: Prepare a statement of cash flows for 2011 in good form using the indirect method

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