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Prepare a statement of cash flows for 2015 using the indirect method. Exercise 13-7Rojas Corporation's comparative balance sheets are presented below.1. Net income was $22,367.
Prepare a statement of cash flows for 2015 using the indirect method.
Exercise 13-7Rojas Corporation's comparative balance sheets are presented below.1. Net income was $22,367. Dividends declared and paid were $19,007.2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $4,830
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