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subject: intermediate accounting 1 could someone explain to me how did we got 6500 here? in the depreciation expense how did we get 6500 ?
subject: intermediate accounting 1
could someone explain to me how did we got 6500 here?
in the depreciation expense how did we get 6500 ?
Problem -7: Miroz Corporation's comparative balance sheets are presented below. MIROZ CORPORATION MIROZ CORPORATION Additional information: 1. Net income was $17,700. Dividends declared and paid were $9,300. 2. Equipment which cost $11,000 and had accumulated depreciation of $2,000 was sold for $4,000. 3. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. Required: Prepare a statement of cash flows for 2021 using the indirect methodStep by Step Solution
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