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Presented here are the financial statements of Pronghorn Company. Assets Cash Pronghorn Company Comparative Balance Sheets December 31 Accounts receivable Inventory Property, plant, and equipment

Presented here are the financial statements of Pronghorn Company. Assets Cash Pronghorn Company Comparative Balance Sheets December 31 Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings 2025 $ 112,000 64,000 89,600 192,000 (102,400) $355,200 $60.800 22,400 54,400 57.600 160.000 2024 $ 64,000 44,800 64,000 249.600 (76,800) $345.600 $ 48,000 25.600 105.600 44,800 121,600
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Presented here are the financial statements of Pronehom Company. Total Additional data: 1. Depreciation expense was $56,000. Additional data: 1. Depreciation expense was $56,000. 2. Dividends declared and paid were $64,000. 3. During the year, equipment was sold for $27,200 cash. This equipment originally cost $57,600 and had accumulated depreciation of $30,400 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 amounts that docrease cash flow with either as sgneg 15,000 or in parcnthesises (15,000)

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