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PLEASE HELP. ACCOUNTING HOMEWORK. LAST ATTEMPT! View Policies Show Attempt History Current Attempt in Progress Crane Corporation's comparative balance sheets are presented below. Additional information:
PLEASE HELP. ACCOUNTING HOMEWORK. LAST ATTEMPT!
View Policies Show Attempt History Current Attempt in Progress Crane Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $22,500. Dividends declared and paid were $18,900. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,900. Question 8 of 10 0.43/1 CRANE CORPORATION Statement of Cash Flows - Indirect Method For the Year Ended December 31, 2022 V Cash Flows from Operating Activities Net Income $22500 Adjustments to reconcile net income to Net Cash Provided by Operating Activities v \begin{tabular}{l} \hline Decrease in Accounts Payable \\ \hline Decrease in Accounts Receivable \\ \hline \end{tabular} Cash Flows from Investing Activities \begin{tabular}{|l|} \hline \hline 6200 \\ \hline \hline \end{tabular} \begin{tabular}{||c|} \hline 6200 \\ \hline \hline \end{tabular} $2300
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