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The accounting records for Haskins Steel, Inc., for the year ended June 30, 2018, contain the following information Click the icon to view the information)

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The accounting records for Haskins Steel, Inc., for the year ended June 30, 2018, contain the following information Click the icon to view the information) Requirement 1. Prepare Haskins Steel Inc's statement of cash flows for the year ended June 30, 2018 Use the direct method for cash flows from operating activities i More Info x a. b. c. d. e. f. g. h. i. j. k. Purchase of fixed assets for cash, $97 400 Proceeds from issuance of common stock, $45,000 Payment of dividends, $47,400 Collection of interest, $4,500 Payment of salaries, $94,000 Proceeds from sale of fixed assets, $24,000 Collections from customers, $610,500 Cash receipt of dividend revenue, $4,900 Payments to suppliers, $372,800 Depreciation expense, $57,000 Proceeds from issuance of long-term notes, $39,100 Payments of long-term notes payable, $46,000 Interest expense and payments, $11,500 Income tax expense and payments, $38,000 Cash balances: June 30, 2017. $39,300, June 30, 2018, $60,200 1. m. n. Print Done

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