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Please I need help, thank you Spreadsheet and Statement The following 2016 information is available for Stewart Company: Partial additional information: - The equipment that
Please I need help, thank you
Spreadsheet and Statement The following 2016 information is available for Stewart Company: Partial additional information: - The equipment that was sold for cash had cost $400 and had a book value of $300. - Land that was sold brought a cash price of $530. - Fifty shares of stock were issued at par. Required: Making whatever additional assumptions that are necessary, 1. Prepare a spreadsheet to support a 2016 statement of cash flows for Stewart. If an amount is zero, enter " 0 ". Partial additional information: - The equipment that was sold for cash had cost $400 and had a book value of $300. - Land that was sold brought a cash price of $530. - Fifty shares of stock were issued at par. Required: Making whatever additional assumptions that are necessary, 1. Prepare a spreadsheet to support a 2016 statement of cash flows for Stewart. If an amount is zero, enter " 0 ". 2. Prepare the statement of cash flows. Use the minus sign to indicate cash outfows; a Step by Step Solution
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