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Presented below are data taken from the records of Alee Company. Additional information: Held-to-maturity securities carried at a cost of $43,000 on December 31, 2013,

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Presented below are data taken from the records of Alee Company. Additional information: Held-to-maturity securities carried at a cost of $43,000 on December 31, 2013, were sold in 2014 for $34,000 The loss (not extraordinary) was incorrectly charged directly to Retained Earnings. Plant assets that cost $50,000 and were? 80% depreciated were sold during 2014 for $8,000. The loss (not extraordinary) was incorrectly charged directly to Retained Earnings. Net income as reported on the income statement for the year was $57,000. Dividends paid amounted to $10,000. Depreciation charged for the year was S20.000. Instructions Prepare a statement of cash flows for the year 2014 using the indirect method

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