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Prepare a statement of cash flows for 2014 using the indirect method WildhorseCompany runs a retail company and recently completed its third year of operations.
Prepare a statement of cash flows for 2014 using the indirect method
WildhorseCompany runs a retail company and recently completed its third year of operations. The balance sheet and income statement follow: Additional Information on Year 2014 Transactions 1. Purchased equipment by signing a long-term note for $9,760 and paying cash for the balance. 2. Paid cash as a payment on the long-term notes payable. 3. Issued 122 shares of common stock for cash. 4. Declared and paid cash dividends of $19,520. $ Adjustments to reconcile net income to $ v v vStep by Step Solution
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