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The Company's balance sheet and income statement appear below: TAKE HOME PROBLEM. TO BE TURNED IN AT THE BEGINNING OF CLASS ON 04/08 Comparative Balance

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The Company's balance sheet and income statement appear below: TAKE HOME PROBLEM. TO BE TURNED IN AT THE BEGINNING OF CLASS ON 04/08 Comparative Balance Sheet-Like Net Loss for the period was $15. 2/31/2015 12/31/2016The company sold equipment for $25 $ 122 47tat was originally purchased for $30. $35 Assets Cash Accounts Receivable Inventory PP&E Accum Depr Total Assets 40 The sold asset had accumulated 84 depreciation of $10. $ 490 587The company paid a cash dividend during the year and did not issue any bonds payable or repurchase any of its own common stock. 360 347 Liabilities & Equity Accounts Payable Accrued Liabilities Income Tax Payable Bonds Payable Common Stock Retained Earnings Total Liabilities&Equity 30 26 $15 S 36 $ 20 40 120 $50 62 $140$1 120 $ 391 347 equired Construct, in good form, the company's Statement of Cash Flows for the period, using the indirect method. (15pts)

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