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The Lacey Corporation provides you with the following information for the year ended 1 2 / 3 1 / 2 4 : Additional information: Equipment
The Lacey Corporation provides you with the following information for the year ended :
Additional information:
Equipment costing $ was sold for $ New equipment was purchased, and $ of common stock was issued
in partial payment for the new equipment.
Required: Prepare a Statement of Cash Flows for Lacey Corporation for using the indirect method. Be sure to disclose the
significant noncash activities and the amount of cash paid for interest and income taxes on the face of the statement.
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