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Question 4 of 6 - / 1 The following three accounts appear in the general ledger of Shamrock, Inc. during 2022. Equipment Debit Credit Date

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Question 4 of 6 - / 1 The following three accounts appear in the general ledger of Shamrock, Inc. during 2022. Equipment Debit Credit Date Jan. 1 July 31 Sept. 2 Nov. 10 Balance Purchase of equipment Cost of equipment constructed Cost of equipment sold 38,500 29,150 Balance 88,000 126,500 155,650 128,700 26,950 Accumulated Depreciation Equipment Cre Date Jan. 1 Nov. 10 Dec. 31 Balance Accumulated depreciation on equipment sold Depreciation for year Balance 39.050 30.250 45,650 8,800 15,400 Retained Earnings Date Debit Credit Jan, 1 Aug. 23 Dec. 31 Balance Dividends (cash) Net income Balance 57,750 50.050 89,650 7.700 39.600 From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of plant assets was $4,400. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $29,150.) (Show amounts that decrease cash flow with either a sign e.g. - 15,000 or in parenthesis e-8. (15,000).)

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