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Listed below in random order are line items to be included in the statement of cash flows. $220,000 40,000 80,000 30,000 10,000 50,000 3,000 250,000
Listed below in random order are line items to be included in the statement of cash flows. $220,000 40,000 80,000 30,000 10,000 50,000 3,000 250,000 10,000 7,000 20,000 60,000 Purchase of equipment Payment of dividends Net income Increase in inventory Increase in prepaid rent Repayment of notes payable Cash received from the sale of land Issuance of common stock Increase in accounts payable Loss on sale of land Depreciation expense Increase in accounts receivable Required: Prepare the statement of cash flows for Alpha Technologies using the indirect method. 5) Continued 6) 10 pts. The income statement, balance sheets, and additional information for Comm
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