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Question 9 of 10 View Policies Current Attempt in Progress Skysong. Ine's comparative balance sheets are presented below: Skysong, Inc. Comparative Balance Sheets December 31

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Question 9 of 10 View Policies Current Attempt in Progress Skysong. Ine's comparative balance sheets are presented below: Skysong, Inc. Comparative Balance Sheets December 31 2020 Cash $ 16,600 Accounts receivable 25.200 Investments 20.050 Equipment 59.850 Accumulated depreciation-equipment 114.150 Total $107.550 2019 $ 17.500 22, 100 15.850 69,850 (10.2002 $115.100 Accounts payable Bonds payable Common stock Retained earnings Total $14.350 10,000 49.900 33,300 $107.550 $ 11,050 30,200 44,700 29.150 $115,100 Additional information 1 2 3. Net Income was $18.450. Dividends declared and paid were $14300 Equipment which cost $10,000 and had accumulated depreciation of $2.100 was sold for $3,600. No noncash investing and financing activities occurred during 2020. Prepare a statement of cash flows for 2020 using the indirect method. (Show amounts that decrease cash flo eg.-45,000 or in parenthesise (45.000) Slcysong, Inc. Statement of Cash Flows Question 9 of 10 > ./10 Skysong, Inc. Statement of Cash Flows Adjustments to reconcile net Income to $ V $ >> > V V v e Textbook and Media Compute free cash flow (Enter negative amount using either a negative sin preceding the numbers45 or parentheses est: (450 Free cash flow $ Textbook and Media Attempts of 3 used SAME

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