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ny The following data are taken from the records of Alee Compa $8,000 60,000 53,000 215.000 336,000 $15,000 85,000 Cash Current assets other than cash

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ny The following data are taken from the records of Alee Compa $8,000 60,000 53,000 215.000 336,000 $15,000 85,000 Cash Current assets other than cash Long-term debt investments Plant assets 10,000 335.000 45.000 40,000 22,000 Accumulated depreciation Current liabilities Bonds payable Common stock Retained earnings $20,000 40,000 75,000 254,000 254,000 56.000 20.000 Additional information: 1. Held-to-maturity securities carried at a cost of $43,000 on December 31, 2016, were sold in 2017 for $34,000. The loss (not unusual) was incorrectly charged directly to Retained Earnings. 2. Plant assets that cost $50,000 and were 80% depreciated were sold during 2017 for $8,000. The loss was incorrectly charged directly to Retained Earnings. 3. Net income as reported on the income statement for the year was $57,000. 4. Dividends paid amounted to $10,000. 5. Depreciation charged for the year was $20,000. Prepare a statement of cash flows for the year 2017 using the indirect method

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