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Q 2 1 New Orleans Chemicals Company follows the indirect method to prepare its statement of cash flows. Refer to the following portion of the

21

New Orleans Chemicals Company follows the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:

New Orleans Chemicals Company

Comparative Balance Sheet

December

31, 2024

and

2023

Common Stock

Retained Earnings

Treasury Stock

Total Equity

\

table

[[2024, 2023,

Increase

/ (

Decrease

)], [

35, 000,

2, 000,

33, 000

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