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Prob. 1 The comparative batance sheet of Mavenir Technologies inc. for December 31, 2024 and 2023. is shown as follows: The following additional information was
Prob. 1 The comparative batance sheet of Mavenir Technologies inc. for December 31, 2024 and 2023. is shown as follows: The following additional information was taken from the records: a. The investments were sold for $140,000 cash b. Equipment and land were acquired for cash. c. There were no disposals of equipment during the yearl e. There was a $75,520 credit to Retained Earnings for net income. f. There was a $48,000 debit to Retained Earnings for cash dividends declared. repare a statement of cash flows. Prob. 1 The comparative batance sheet of Mavenir Technologies inc. for December 31, 2024 and 2023. is shown as follows: The following additional information was taken from the records: a. The investments were sold for $140,000 cash b. Equipment and land were acquired for cash. c. There were no disposals of equipment during the yearl e. There was a $75,520 credit to Retained Earnings for net income. f. There was a $48,000 debit to Retained Earnings for cash dividends declared. repare a statement of cash flows
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