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The followine are the financial statements of Concord Cornoration. Additional data: 1. Dividends declared and paid were $23,800. 2. During the year, equipment was sold

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The followine are the financial statements of Concord Cornoration. Additional data: 1. Dividends declared and paid were $23,800. 2. During the year, equipment was sold for $9,700 cash. This equipment cost $18,000 originally and had a book value of $9,700 at the time of sale. 3. All depreciation expense, $14,600, is in the operating expenses. 4. All sales and purchases are on account. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cosh flow with either a - sign es: 15,000 or in parenthesis e.s. (15,000).)

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