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Statement of Cash Flows - Indirect Method 2 and 20Y1, is as follows: 2. Equipment was acquired for cash. 3. There were no disposals of
Statement of Cash Flows - Indirect Method 2 and 20Y1, is as follows: 2. Equipment was acquired for cash. 3. There were no disposals of equipment during the year. 4. The common stock was issued for cash. 5. There was a $70 credit to Retained Earnings for net income. 6. There was a $22 debit to Retained Earnings for cash dividends declared Cash at the beginning of the year Cash at the end of the year $ b. Was Olson-Jones Industries Inc.'s net cash flow from operations more or less than net income
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