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The comparative balance sheet of Hartis Industries Inc, at December 31,20Y4 and 20Y3, is as follows: An examination of the income statement and the accounting

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The comparative balance sheet of Hartis Industries Inc, at December 31,20Y4 and 20Y3, is as follows: An examination of the income statement and the accounting records revealed the following additional information applicabie to 20Y4: a. Net income, $524,580. b. Depreciation expense reported on the income statement: buildings, $51,660; machinery and equipment, $22,680. c. Patent amortization reported on the income statement, $5,040, d. A builing was constructed for $579,600. e. A mortgage note for $224,000 was issued for cash. 1. 30,000 shares of common stock were issued at $13 in exchange for the bonds payable. 9. Cash dividends declared, $131,040. Required: Prepare a staternent of cash fows, using the indirect method of presenting cash flows from (used for) operating activities, Use the minus sign to indicate cash outfo cash payments, decreases in cash, or any negative adjustments. Adjustments to reconcile net income to net cash fiows from (used for) operating activities: Changes in current operating assets and liabulitiest Cash flows from (used for) investing activities: Cash flows from (used for) financing activities: Cash batance, January 1, 20Y4 Cash balance, December 31,20r4 Schedule of Noncash investing and Finanong Activities

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