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MacDonald Corporation reported the following information in thousands) at December 31, 2021. 2021 2020 Accounts receivable $150 $100 Inventory 125 75 Long-term investments 150 100
MacDonald Corporation reported the following information in thousands) at December 31, 2021. 2021 2020 Accounts receivable $150 $100 Inventory 125 75 Long-term investments 150 100 Land 200 200 Buildings 300 300 Accumulated depreciation - buildings 90 75 Equipment 550 400 Accumulated depreciation - equipment 200 200 Accounts payable 200 100 Long term debt 100 50 Long term investments were purchased during the year none were sold Equipment was purchased during the year. In addition equipment with a cost of $100 and a carrying amount of $50 was solo at loss of $10 Prepare a good format partial investing sector of a cash now statement using the indirect method
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