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Presented here are the financial statements of Concord Company. Additional data: 1. Depreciation expense was $16,600. 2. Dividends declared and paid were $22,860. 3. During
Presented here are the financial statements of Concord Company. Additional data: 1. Depreciation expense was $16,600. 2. Dividends declared and paid were $22,860. 3. During the year, equipment was sold for $7,700 cash. This equipment originally cost $18,000 and had accumulated depreciation of $10,300 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Prebare a statement of cash flows using the indirect method. IShow amounts that decrease cash flow with either a sign e.g. - 15,000 eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer Compute free cash flow. (Enter negative amount using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Free Cash Flow \$
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