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The following items were gathered from Rinds Industries general ledger: Sale of marketable securities $ 13, 860 Depreciation and amortization expense 24, 382 Payment of
The following items were gathered from Rinds Industries general ledger: Sale of marketable securities $ 13, 860 Depreciation and amortization expense 24, 382 Payment of cash dividends 3, 433 Proceeds from disposal of equipment 839 Using the indirect method, construct Rindt Industries' statement of cash flows. (If amount decreases cash flow then enter with a negative sign preceding the number or parenthesis, e.g. -15,000 or (15,000).)
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