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Rojas Corporation's comparative balance sheets are presented below. Additional information: Net income was $22,600. Dividends declared and paid were $19,800. No noncash investing and financing
Rojas Corporation's comparative balance sheets are presented below. Additional information: Net income was $22,600. Dividends declared and paid were $19,800. No noncash investing and financing activities occurred during 2017. The land was sold for cash of $4,800. Prepare a statement of cash flows for 2017 using the indirect method. (Show amounts that decrease cash)
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