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please be quik thankyou! Presented below are the financial statements of Skysong Ltd. Additional data: 1. Depreciation expense is 15,162. 2. Dividends declared and paid
please be quik thankyou! Presented below are the financial statements of Skysong Ltd. Additional data: 1. Depreciation expense is 15,162. 2. Dividends declared and paid were 22,800. 3. During the year, equipment was sold for 11,058 cash. This equipment cost 20,520 originally and had accumulated depreciation of 5.700 at the time of sale. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a-sign eg. 15,000 Cash Flows from Investing Activities Sale of Equipment Net Cash Provided by Investing Activities Cash Flows from Financing Activities Issuance of Ordinary Shares Redemption of Bonds Payment of Dividends Net Cash Used by Financing Activities Net Increase in Cash Cash at Beginning of Period Cash at End of Period
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