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Selected financial statement information and additional data for Star Co. is presented below. Prepare a statement of cash flows for the year ending December 31,
Selected financial statement information and additional data for Star Co. is presented below. Prepare a statement of cash flows for the year ending December 31, 2019 December 31 2018 2019 Land Equipment. Inventory Accounts receivable (net). Cash... TOTAL 63,800 504,000 173,000 84,000 120.800 945,600 63,800 504,000 201,600 151,200 179,400 1.100.000 Share capital-ordinary. Retained earnings Notes payable - Long-term Notes payable - Short-term (trade) Accounts payable Accumulated depreciation TOTAL 500,000 76,000 168,000 67,200 50,400 84,000 945,600 500,000 201,000 168,000 29,400 86,000 115,600 1,100,000 Additional data for 2019: 1. Net income was 210,000. 2. Depreciation was 31,600. 4. Dividends of 85,000 were paid
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