Question 11 of 29 Included in operating expenses is a $26,000 loss resulting from the sale of machinery for $279,000 cash. The company purchased machinery at a cost of $741,000 Cheyenne reports the following balances on its comparative balance sheets at December 31. Income tax expense of $347,850 represents the amount paid in 2020 . Dividends declared and paid in 2020 totaled $187,000. Elayerfindexhtmillaunchid =41643b8a82ca4d3799f38df56bb2a3ac# Prepare the statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign or in parenthesicea 115mmnil /assessment-player/index.html?launchld =41643b8a82ca4d3799f38df56bb2a3ac/ /question/10 Question 11 of 29 eTextbook and Media Attempts: 0 of 2 used Submit Answer Save for Later Attempts: 0 of 2 used (b)