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please show works Prepare a statement of cash flows for 2021 for Crystal Corporation. Long Term Investments wer sold at a gain of $10,000; cash
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Prepare a statement of cash flows for 2021 for Crystal Corporation. Long Term Investments wer sold at a gain of $10,000; cash dividends paid were $30,000; and net income was $170,000. 2021 2020 Cash $187.000 $78,000 Accounts Receivable 180,000 185,000 Long Term Investments 52,000 74,000 Building 313,000 255,000 (106,000) (89.000) Less: Accumulated depreciation-Building Total Assets 626,000 503,000 Accounts Payable 89.000 96,000 Salaries Payable 45,000 55,000 Common Stock 175,000 175.000 Retained Earnings 317.000 177.000 Total Liabilities and Stockholders' Equity 626,000 503,000 Step by Step Solution
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