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The following information is related to Cardi Company's fiscal year 2020. Income Statement: Net Income $100,000 Depreciation Expense 15,000 Loss onSaleof Plant Assets20,000 Interest Expense

The following information is related to Cardi Company's fiscal year 2020.

Income Statement:

Net Income $100,000

Depreciation Expense 15,000

Loss onSaleof Plant Assets20,000

Interest Expense 1,000

Balance Sheet - 12/31/20:

Accounts PayableIncrease 3,000

Accounts ReceivableIncrease 5,000

Plant Assets - Purchased 200,000

Plant Assets - Proceeds from sale100,000

Additional Information:

Cash Balance - 12/31/2019:$50,000

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

Dividends paid were $20,000

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

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