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Prepare a statement of cash flows for 2019 using the indirecg method General Question/Exercise 21-12 Cash Flow Statement The following information is available for the

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General Question/Exercise 21-12 Cash Flow Statement The following information is available for the Perez Company: Comparative Balance Sheets 2019 $600 1,600 2,300 2,000 4,200 2018 $400 1,300 2,900 1,500 3,400 (900 .200) Cash Accounts receivable Inventory Land Equipment Less:Accumulated depreciation Total Assets $8,600 $9.500 Accounts payable Accrued expenses Notes payable Common stock, no par Retained earnings Total Liabilities and Stockholders Equity $800 1,200 2,100 1,200 3.300 $1,200 900 1,500 2,200 3.700 8,600$9,500 Partial additional information: The net income for 2019 totaled $1,200. During 2019, the company sold for $800, equipment that cost $1,000 and had a book value of $600. The company sold land for $400, resulting in a loss of $100. The remaining change in the Land account resulted from the purchase of land through the issuance of common stock. Instructions Making whatever additional assumptions that are necessary, prepare a statement of cash flows for the company for 2019 using the indirect method

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