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The data below are taken from the financial statements of YY Stationery Company: Additional Information: (1) Purchased a new truck for cash at the cost
The data below are taken from the financial statements of YY Stationery Company: Additional Information: (1) Purchased a new truck for cash at the cost of $100,000. (2) Sold the old truck with the net book value of $25,000 for cash at $63,000. (3) Made payment on the two-year notes payable for the amount of $10,000. (4) Paid the dividend of $25,000 on the ordinary shares. (5) Purchased treasury shares for $118,000 cash. Required: (d) Prepare the statement of cash tlows for the year ended 31 December 20X2 for YY Stationery Company using the indirect method. Place parentheses around those dollar amounts representing cash outlays. (d) Prepare the statement of cash flows for the year ended 31 December 20X2 for YY Stationery Company using the indirect method. Place parentheses around those dollar amounts representing cash outlays
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