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The following information is related to Cardi Company's fiscal year 2019. Income Statement: Net Income$200,000 Depreciation Expense20,000 Loss on Sale of Plant Assets20,000 Interest Expense500

The following information is related to Cardi Company's fiscal year 2019.

Income Statement:

Net Income$200,000

Depreciation Expense20,000

Loss on Sale of Plant Assets20,000

Interest Expense500

Balance Sheet - 12/31/19:

Accounts Payable Increase3,000

Accounts Receivable Increase5,000

Plant Assets - Purchased200,000

Plant Assets - Proceeds

from sale100,000

Additional Information:

Cash Balance - 12/31/2018:$50,000

Common Stock exchanged for outstanding Long-Term Notes Payable of $150,000

Dividends paid were $20,000

Use this information to prepare the Statement of Cash Flows for Cardi Company using the indirect method.

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