liabilities and stockholder equity
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 Hartmann industries. Inc. (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) (Cick the icon to view additional information.) Reguirement Prepare a statement ol cash flows for Hartmann Industries, Inc, for the year ended December 31, 2021, using the indirect method. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and for net cash outflows.) Income Statement Balance Sheets Additional information Additional information follows: a. Sold plant asset for $4,000. The original cost of this plant asset was $10,800 and it had $8,800 of accumulated depreciation associated with it. b. Paid $7,000 on the bonds payable; issued $48,000 of new bonds payable. c. Declared and paid cash dividends of $28,200. d. Purchased new investment for $18,000. Paid cash. e. Purchased new equipment for $20,800. Paid cash. Operating Activities: Cash from issuing common stock Depreciation expense Dividends paid Gain on sale of plant asset Net income Proceeds from bond issuance Proceeds on sale of plant asset Purchase of equipment Purchase of new investments Get Repayment of long-term debt Balance Sheets 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 Hartmann industries. Inc. (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) (Cick the icon to view additional information.) Reguirement Prepare a statement ol cash flows for Hartmann Industries, Inc, for the year ended December 31, 2021, using the indirect method. Prepare the statement one section at a time. (Use parentheses or a minus sign for numbers to be subtracted and for net cash outflows.) Income Statement Balance Sheets Additional information Additional information follows: a. Sold plant asset for $4,000. The original cost of this plant asset was $10,800 and it had $8,800 of accumulated depreciation associated with it. b. Paid $7,000 on the bonds payable; issued $48,000 of new bonds payable. c. Declared and paid cash dividends of $28,200. d. Purchased new investment for $18,000. Paid cash. e. Purchased new equipment for $20,800. Paid cash. Operating Activities: Cash from issuing common stock Depreciation expense Dividends paid Gain on sale of plant asset Net income Proceeds from bond issuance Proceeds on sale of plant asset Purchase of equipment Purchase of new investments Get Repayment of long-term debt Balance Sheets