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please help me with the solution Additional Information 1. Sold land that cost $35,600 for $39,600. 2. Sold equipment that cost $27,300 and had accumulated
please help me with the solution
Additional Information 1. Sold land that cost $35,600 for $39,600. 2. Sold equipment that cost $27,300 and had accumulated depreciation of $23,200 for $21,000. 3. Purchased new equipment for $222,000. 4. Sold marketable securities that were classified as available-for-sale and that cost $46,300 for $81,300. 5. Purchased new marketable securities, classified as available-for-sale, for $120,600. 6. Paid $23,000 on the principal of the long-term note. 7. Paid off a $102,900 bond issue and issued new bonds for $205,800. 8. Sold 100 shares of treasury stock at its cost. 9. Issued some new common stock. 10. Issued some new $50 par preferred stock. 11. Paid dividends. (Note: The only transactions to affect retained earnings were net income and dividends.) a. Prepare the statement of cash flows for Walton Industries using direct method. (Amounts to be deducted and cash outfilor should be indicated by a minus sign.) \begin{tabular}{r} $0 \\ \hline \\ \hline 0 \\ \hline 0 \end{tabular}Step by Step Solution
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