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The following informations relates to Bocca, Inc. for 2019. 1. Cash balance 1-1-20 19,000 2. Cash balance 12-31-20 61,000 3. Increase in Accounts Receivable 16,000

The following informations relates to Bocca, Inc. for 2019.

1. Cash balance 1-1-20

19,000

2. Cash balance 12-31-20

61,000

3. Increase in Accounts Receivable

16,000

4. Decrease in Inventory

4,000

5. Net income for 2020

125,000

6. Sale of land

28,000

7. Purchase of equipment

59,000

8. Depreciation expense was $27,000

20,000

9. No gains or losses were recorded in 2020

10. Cash dividends declared and paid

60,000

11. Decrease in accounts payable

5,000

12. Bonds payable retired (paid)

50,000

13. Common stock issued

55,000

In the space below, prepare a Statement of Cash Flows for December 31, 2019:

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