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Range Company has the following selected data from its annual period ended December 31. Selected Data Amount Paid cash dividend $28,000 Purchase of equipment for

Range Company has the following selected data from its annual period ended December 31.

Selected Data Amount Paid cash dividend $28,000

Purchase of equipment for cash 168,000

Increase in merchandise inventory 39,200

Borrowed cash on a long-term note 70,000

Acquired land as a future company site; paid in full by issuing 8,400 shares of Range capital stock $10 par, when the market price per share was $15 ?

Increase in prepaid expenses 8,400

Decrease in accounts receivable 19,600

Payment of bonds payable in full 271,600

Increase in accounts payable 14,000

Cash from disposal of equipment (sold at book value) 33,600

Decrease in rent receivable 5,600

Income Statement For the Year Ended December 31

Sales revenue $1,120,000

Rent revenue 28,000

Cost of goods sold 532,000

Depreciation expense 56,000

expenses 271,600 Net income $288,400

Prepare a statement of cash flows for the year ended December 31, using the indirect method to report cash flows from operating activities. The beginning-year cash balance was $173,600. Note: Use a negative sign for subtractions in the statement of cash flows.

Statement of Cash Flows For the Year Ended December 31

Cash flows from operating activities

Answer Adjustments: Answer Answer Answer Answer Answer Answer Answer Cash flows from investing activities Answer Answer Answer Cash flows from financing activities Answer Answer Answer Answer Answer Answer Answer Noncash disclosure: Answer

this is a table preparing a statement of cash flows please help with all questions

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