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Statement of Cash Flows-Indirect Method The comparative balance sheet of Coulson, Inc. at December 31,20Y2 and 20Y1, is as follows: The noncurrent asset, noncurrent liability,

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Statement of Cash Flows-Indirect Method The comparative balance sheet of Coulson, Inc. at December 31,20Y2 and 20Y1, is as follows: The noncurrent asset, noncurrent liability, and stockholders' equity accounts for 20 Y2 are as follows: ACCOUNT Land ACCOUNT NO. ACCOUNT Buildings ACCOUNT NO. ACCOUNT Equipment ACCOUNT NO. ACCOUNT Equipment ACCOUNT Equipment ACCOUNT NO. ACCOUNT Accumulated Depreciation-Equipment ACCOUNT NO. ACCOUNT Bonds Payable ACCOUNT NO. ACCOUNT Common Stock, $20 par ACCOUNT NO. ACCnIINT Cammnn Charl don wew. Aenenser Datatia n Prepare a statement of cash flows, using the indirect method of presenting cash fiows from operating activities. Use the minus sign to indicate cash outfiows, cash Cash flows from (used for) financing activities: Net cash flow from financing activities Cash balance, January 1,20 Y2 Cash balance, December 31, 20Y2

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