Question
The following information, in millions of dollars, has been reported by Maple Mills Inc. on its year-end financial statements for the years ended December 31,
The following information, in millions of dollars, has been reported by Maple Mills Inc. on its year-end financial statements for the years ended December 31, 2014 and December 31, 2013:
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Additional Information:
Old equipment was sold for cash during 2014. It had an original cost of $80, and accumulated depreciation of $56.
Required
Prepare a Statement of Cash Flow for Maple Mills Inc. for the year ended December 31, 2014 using the indirect method. Space is provided on the next page for your response.
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