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Please prepare a cash flow statement using indirect method from the below information for Computer Services company: Additional information for 2017 : 1. Depreciation expense
Please prepare a cash flow statement using indirect method from the below information for Computer Services company: Additional information for 2017 : 1. Depreciation expense was comprised of $6,000 for beilling and $3,050 for equipment. 2. The company sold equipment with a book value of $7,000 (cost $8,000, kss wccumulated depreciation $1,000) for $4,000 cash. 3. Issued $110,000 of borgeletm bouds in direct exhange for lead. 4. A building cosing $120,000 was purclused for cash. Equipment costing $25,000 uns also purchased for cash. 5. Issued crmmen stink for $20,000essh. 6. The compony declarect and paid a $29,000 casi dividend
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