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SU Company disclosed the following information for its recent calendar year. Selected Year-End Balance Sheet Data and Additional Information Income Statement Data Revenues $175,000
SU Company disclosed the following information for its recent calendar year. Selected Year-End Balance Sheet Data and Additional Information Income Statement Data Revenues $175,000 Accounts receivable decrease $27,000 Expenses: Salaries expense 69,000 Purchased a machine for cash. Declared and paid cash dividends 17,000 7,100 Utilities expense Depreciation expense 30,000 31,000 Accounts payable increase 3,800 Salaries payable decrease 26,000 Interest expense 7,100 Interest payable increase 15,000 Net income (loss) $ ? Prepare a statement of cash flows (operating, investing, and financing activities) for the current year using the indirect method. (Amounts to be deducted should be indicated with a minus sign.) Statement of Cash Flows Cash flows from operating activities Adjustments to reconcile net income to net cash provided by operating activities Income statement items not affecting cash Changes in current assets and liabilities Net cash provided by (used in) operating activities Cash flows from investing activities Net cash provided by (used in) investing activities Cash flow from financing activities Net cash provided by (used in) financing activities Net increase (decrease) in cash $ 0 0
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