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i want the answer exactly like the box form given below. thank you I want the answer exactly like the box form given below. Thank
i want the answer exactly like the box form given below. thank you
I want the answer exactly like the box form given below. Thank you
Exercise 17-9 (Part Level Submission) Rodriquez Corporation's comparative balance sheets are presented below. RODRIQUEZ CORPORATION Comparative Balance Sheets December 31 2017 2016 Cash $16,800 $17,500 Accounts receivable 25,000 22,300 Investments 19,850 15,850 Equipment 60,050 70,050 Accumulated depreciation--equipment (14,150 ) (10,500) Total $107,550 $115,200 Accounts payable Bonds payable Common stock Retained earnings Total $14,550 10,500 49,800 32,700 $107,550 $11,150 30,100 45,400 28,550 $115,200 Additional information: 1. Net income was $18,550. Dividends declared and paid were $14,400. 2. Equipment which cost $10,000 and had accumulated depreciation of $2,000 was sold for $3,700. 3. No noncash investing and financing activities occurred during 2017, Prepare a statement of cash flows for 2017 using the Indirect method. (Show amounts that decrease cash flow with either a-signed 45,000, or in parenthesis eu. (45.000).) RODRIQUEZ CORPORATION Statement of Cash Flows Adjustments to reconcile net income to y Step by Step Solution
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