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The Dickinson Company reported net income of $42,000 for the current year. Depreciation recorded on buildings and equipment amounted to $32,100 for the year. In

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The Dickinson Company reported net income of $42,000 for the current year. Depreciation recorded on buildings and equipment amounted to $32,100 for the year. In addition, a building with an original cost of $221,599 andaccumulated depreciation of $167,888 on the date of the sale, was sold for $40,000. The Company paid dividends totaling $12,811 during the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows: SHOW YOUR WORK End of Year Beginning of Year Cash $82,500 $65,000 45,700 Account Receivable 15,000 44,000 Inventories 15,400 20,600 Accounts Payable 58,800 Prepare the statement of cash flows using the indirect method. Remember, you should have an operating, investing and financing cash flow

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