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The following Information pertalns to Guy's Gear Company: Required: Present the operating actlivitles sectlon of the statement of cash flows for Guy's Gear Company using

image text in transcribedimage text in transcribedimage text in transcribed The following Information pertalns to Guy's Gear Company: Required: Present the operating actlivitles sectlon of the statement of cash flows for Guy's Gear Company using the Indirect method. (Amounts to be deducted should be indicated with a minus sign.) MeadowLand operates amusement parks In the United States and Canada. During 2018, It reported the following (In millions): Equipment costing $206 was purchased during the year. Required: For the equipment that was disposed of during the year, compute the following: (a) Its original cost, (b) Its accumulated depreclation, and (c) the cash recelved from the disposal. (Enter your answers in millions.) Suppose your company reports $235 of net Income and $55 of cash dividends pald, and its comparatlve balance sheet Indicates the following. Required: 1. Prepare the operating actlvitles sectlon of the statement of cash flows, using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

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