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Preparing a Staternent of Cash Flows-indirect Method Sketchers Corporation's recent corrparabive dafiance shees and incorne stasernent folkin. Additional Information 1. Sold the fong-lerm irvesiment at
Preparing a Staternent of Cash Flows-indirect Method Sketchers Corporation's recent corrparabive dafiance shees and incorne stasernent folkin. Additional Information 1. Sold the fong-lerm irvesiment at cosc, for cash. 2. Declared arid paid a cash dividend ar $39,200. 3. Purchased plant assets that cost $95,200, gave a $567,200 langreenn nose payable and paid $28,000cashL 4. Paid a $22,400 kong-term note payable by issuing common sxock; fair value, $22,400. 5. Issued a stock twidend, 361,600 Prepare the statemem of cashi flaws for the current year ended December 31 , assurring the indirect method is used in preserning cash flows from oper ating activities. - Note: Indicate a sublraction in the cashi fow statement with a riegativa sign with bhe amount. Preparing a Staternent of Cash Flows-indirect Method Sketchers Corporation's recent corrparabive dafiance shees and incorne stasernent folkin. Additional Information 1. Sold the fong-lerm irvesiment at cosc, for cash. 2. Declared arid paid a cash dividend ar $39,200. 3. Purchased plant assets that cost $95,200, gave a $567,200 langreenn nose payable and paid $28,000cashL 4. Paid a $22,400 kong-term note payable by issuing common sxock; fair value, $22,400. 5. Issued a stock twidend, 361,600 Prepare the statemem of cashi flaws for the current year ended December 31 , assurring the indirect method is used in preserning cash flows from oper ating activities. - Note: Indicate a sublraction in the cashi fow statement with a riegativa sign with bhe amount
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