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Presented here are the financial statements of Indigo Company. Additional data: 1. Depreciation expense was $24,500. 2. Dividends declared and paid were $28,000. 3. During

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Presented here are the financial statements of Indigo Company. Additional data: 1. Depreciation expense was $24,500. 2. Dividends declared and paid were $28,000. 3. During the year, equipment was sold for $11,900 cash. This equipment originally cost $25.200 and had accumulated depreciation of $13,300 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Prepare a statement of cash flows using the indirect method. (Show omounts that decrease cosh flow with either a signeg 15,000 or in parenthesiseg (15,000).) cTextbook and Media Save for tater Attempts: 0 of 2 used Submit

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