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Question 4 of 4 Pronghorn Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $17,200. Dividends declared and paid were $17,000.
Question 4 of 4 Pronghorn Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $17,200. Dividends declared and paid were $17,000. 2. Equipment which cost $11,500 and had accumulated depreciation of $1,100 was sold for $3,000. 3. No noncash investing and financing activities occurred during 2025. 4. Bonds were retired at their carrying value. (a) Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000). Question 4 of 4 /5.75 Adjustments to reconcile net income to $ - OneDrive Screenshot saved The screenshot was added to your OneDrive. OneDrive Screenshot saved The screenshot was added to your OneDrive
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