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Prepare Statement of cash flows (direct method) GBCCOMPANY Statement of Income - 1.Equipment that cost $100,000 and had a net carrying amount of $40,000 was

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GBCCOMPANY Statement of Income - 1.Equipment that cost $100,000 and had a net carrying amount of $40,000 was sold for $50,000. - 2.Dividends were declared and paid during the year

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