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Presented below is a condensed version of the comparative balance sheets for Ivanhoe Corporation for the last two years at December 31. Additional information: Investments
Presented below is a condensed version of the comparative balance sheets for Ivanhoe Corporation for the last two years at December 31. Additional information: Investments were sold at a loss of S13,000; no equipment was sold; cash dividends paid were $39,000; and net income was $208,000. Prepare a statement of cash flows for 2017 for Ivanhoe Corporation. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
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