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The following information is taken from Mary Corporation's financial statements: Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Land Buildings Accumulated depreciation Patents
The following information is taken from Mary Corporation's financial statements: Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Land Buildings Accumulated depreciation Patents December 31 2021 2020 $63,630 $ 27,270 103,020 80,800 (4,545) (3,131) 161,600 176,750 7,575 6,868 101,000 60,600 296,940 246,440 (32,320) (13,130) 20,200 35,350 $717,100 $617,817 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings-appropriated Retained earnings-unappropriated $ 90,900 54,540 126,250 101,000 80,800 278,760 (15,150) $717,100 $ 84,840 63,630 60,600 101,000 10,100 305,727 (8,080) $617,817 Treasury stock, at cost Net income Depreciation expense Amortization of patents Cash dividends declared and paid Gain or loss on sale of patents For 2021 Year $79,083 19,190 5,050 35,350 none Prepare a statement of cash flows for Mary Corporation for the year 2021. (Use the indirect method.) (Show amounts that decrease cash flow with either a-sign e.g.-15,000 Mary Corporation Statement of Cash Flows Increase (Decrease) in Cash Adjustments to reconcile net income to
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