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sherifan company Comparative Balance Sheets December 31 Additional information: 1. Net income for 2022 was $103,300. 2. Depreciation expense was $31,800. 3. Cash dividends of
sherifan company
Comparative Balance Sheets December 31 Additional information: 1. Net income for 2022 was $103,300. 2. Depreciation expense was $31,800. 3. Cash dividends of $42,400 were declared and paid. 4. Bonds payable amounting to $52,700 were redeemed for cash $52,700. 5. Common stock was issued for $41,300 cash. 6. No equipment was sold during 2022. 7. Land was sold for its book value. Prepare a statement of cash flows for 2022 using the indirect method. (Show amoun e.g. 15,000, or in parenthesis e.g. (15,000).) Sheridan Company Statement of Cash Flows Adjustments to reconcile net income to $ Attempts: 0 of 1 used Step by Step Solution
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