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Statement of Cash Flows Question. I have the key, please tell me how to get each answer's number. I need the specific calculate. Part 1.

Statement of Cash Flows Question.

I have the key, please tell me how to get each answer's number. I need the specific calculate.

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Part 1. Indirect Method (13 points) The comparative balance sheets for NCAA Corporation show the following information. December 31 2017 2016 Cash Accounts receivable Invento Investments Buildin Equipment Patent Totals $70,350 $56,000 42,000 28,000 14,000 105,000 84,000 21,000 $472,150 $350,000 56,700 36,400 0 0 294,000 14,700 Allowance for doubttful accounts Accumulated depreciation on equipment Accumulated depreciation on buildin Accounts pavable Dividends pavable Notes pavable, short-term (nontrade Long-term notes pavable Common stock Retained earnings Totals $13,125$17,500 21,000 31,500 14,000 24,500 35,000 84,000 91,000 31,500 $472,150 $350,000 8,400 0 21,000 0 26,250 184,800 131,950 86,625 Additional data related to 2017 are as follows: Equipment that had cost $37,800 and was 80% depreciated at time of disposal was sold for $9,450 $40,950 of the long-term note payable was paid by issuing common stock. Cash dividends $24,500 were paid. On January 1, 2017, the building was completely destroyed by a flood. Insurance proceeds on the building were $110,250 (after netting $8,820 taxes) Investments (available-for-sale) were sold at $6,300 above their cost. The company has made similar sales and investments in the past. Along-term note for $141,750 was issued for the acquisition of equipment. 1. 2. 3. 4. 5. 6

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