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Inc. Prepare statement of cash flows using the indirect method. The income statement for 2021 and the balance sheets for 2021 and 2020 are
Inc. Prepare statement of cash flows using the indirect method. The income statement for 2021 and the balance sheets for 2021 and 2020 are presented for Hall Industries, (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) (Click the icon to view Requirement Prepare a statement of c Prepare the statement on Operating Activities: Additional information Additional information follows: a. Sold plant asset for $3,900. The original cost of this plant asset was $10,200 and it had $9,300 of accumulated depreciation associated with it. b. Paid $8,000 on the bonds payable; issued $50,000 of new bonds payable. c. Declared and paid cash dividends of $4,900. d. Purchased new investment for $9,000. Paid cash. e. Purchased new equipment for $50,200. Paid cash. - X Adjustments to reconcil Print Sone
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