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Presented below is information for 2022 and 2021 related to the operations of Oriole Electronics. Additional information: a. In 2022. Oriole declared and paid a
Presented below is information for 2022 and 2021 related to the operations of Oriole Electronics. Additional information: a. In 2022. Oriole declared and paid a cash dividend of $15,136. b. The company issued $30,800 of bonds at a discount for cash. c. Equipment with a cost of 514,960 and a book value of 53,704 was sold for cash New equipment was acquired for cash. d. The comparyissued stockfor cash e. Prepaid expenses pertain to operating expenses; accounts payable is only used for merchandise purchases Prepare a statement of cash flows in proper form for 2022, using the indirect method. (Show amounts that decrease cash flow with either
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