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The 2024 income statement and comparative balance sheet of Get Wired, Inc. follow 1 (Click the icon to view the additional Click the icon to
The 2024 income statement and comparative balance sheet of Get Wired, Inc. follow 1 (Click the icon to view the additional Click the icon to view the income statement.) information. ) Read the requirements. Click the icon to view the comparative balance sheet.) Requirement 1. Prepare the 2024 statement of cash flows, formatting operating activities by the indirect method. Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Complete the statement one section at a time, beginning with the cash flows from operating activities. Get Wired, Inc. Statement of Cash Flows Year Ended December 31, 2024 Cash Flows from Operating Activities:More info Additionally, Get Wired purchased land of $21,900 by financing it 100% with long-term notes payable during 2024. During the year, there were no sales of lan no retirements of stock, and no treasury stock transactions. A plant asset was disposed of for $0. The cost and accumulated depreciation of the disposed asset was $11,570. The plant acquisition was for cash. Print Done OD. None of the above Time R FS FG F7 FE FILL FIZ SL PB INS HM - PU LKThe 2024 income statement and comparative balance i Click the Requirements 1. Prepare the 2024 statement of cash flows, formatting operating activities by the indirect method. 2. How will what you learned in this problem help you evaluate an investment? Done O D. None of the above Time Remain 35 F3 FS FG F7 FH FIU FIZ SL 5% G .8 * 9 1 INS HM PU DEL END\fe Balance December 31, 2024 and 2023 2024 2023 Assets Inren Assets Cash 26,200 $ 15,800 26,300 24.900 80,000 91,300 34.900 13,000 118,450 112,520 ion-Plant Assets (19,550) (16,820 266,300 $ 240,700 Liabilities Accounts Payable 35,400 S 30.300 ccrued Liabilities 27,900 30,600 In Liabilities 74,000 Notes Payable 104,000 Total Liabilities 37,300 164,900 Stockholders' Equity Common Stock, no par 38.500 64,800 40,500 11.000 lined Earnings 29,000 75,800 stockholders Equity 266,300 5 240,700 lities and Stockholders Equity 30,600 Time Remaining
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