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Net income of $55,440 was reported, and dividends of $28,980 were paid in 2025 . New equipment was purchased and none was sold. Net income

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Net income of $55,440 was reported, and dividends of $28,980 were paid in 2025 . New equipment was purchased and none was sold. Net income of $55,440 was reported, and dividends of $28,980 were paid in 2025 . New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2025. (Show amounts that decrease cash flow with either a-sign eg. 15,000 or in parenthesis eg (15,000). Question 10 of 10

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