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Presented here are the financial statements of Shamrock Comnany. Bonds payable Common stock Retained earnings Total begin{tabular}{rrr} 34,000 & 66,000 36,000 & 28,000
Presented here are the financial statements of Shamrock Comnany. Bonds payable Common stock Retained earnings Total \begin{tabular}{rrr} 34,000 & 66,000 \\ 36,000 & 28,000 \\ 100,000 & & 76,000 \\ \hline$222,000 & & $216,000 \\ \hline \hline \end{tabular} Shamrock Company Income Statement For the Year Ended December 31, 2025 Sales revenue Cost of goods sold Gross profit Selling expenses Administrative expenses Income from operations Interest expense Income before income taxes $484,000 350,000 134,000 $36,000 86,00012,000 6,000 80,000 Additional data: 1. Depreciation expense was $35,000. 2. Dividends declared and paid were $40,000. 3. During the year, equipment was sold for $17,000 cash. This equipment originally cost $36,000 and had accumulated depreciation of $19,000 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. (a) Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either asign e.g. 15,0 or in parenthesis e:g. (15,000).) Prepare a statement of cash flows using the indirect method. (Show amounts that derrence cnch flnun inith nith r a - sign e.g. 15,000 Cash at Beginning of Period Cash at End of Period Cash Flows from Financing Activities Cash Flows from Investing Activities Cash Flows from Operating Activities Net Cash Provided by Financing Activities Attempts: 0 of 3 used Submit Answer Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities (b) Net Cash Used by Financing Activities Net Cash Used by Investing Activities Th Net Cash Used by Operating Activities Net Decrease in Cash Net Increase in Cash Compute free cash flow. (Show a ne Free cash flow \$
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