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The following information is available for 2025. 1. 2. 3. 4. (a) 5. 6. 7. 8. 9. 10. Net income was $50,600. Equipment (cost $21,580
The following information is available for 2025. 1. 2. 3. 4. (a) 5. 6. 7. 8. 9. 10. Net income was $50,600. Equipment (cost $21,580 and accumulated depreciation $9,580) was sold for $11,580. Depreciation expense was $5,580 on the building and $10,580 on equipment. Patent amortization was $2,500. Current assets other than cash increased by $29,000. Current liabilities increased by $14,580. An addition to the building was completed at a cost of $28,580. A long-term investment in stock was purchased for $16,000. Bonds payable of $51,610 were issued. Cash dividends of $30,000 were declared and paid. Treasury stock was purchased at a cost of $11,000. Prepare a statement of cash flows for 2025. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis
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