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The Murdock Corporation reported the following balance sheet data for 2 0 2 4 and 2 0 2 3 : 2 0 2 4 2
The Murdock Corporation reported the following balance sheet data for and :Cash $ $ Availableforsale debt securities not cash equivalentsAccounts receivable Inventory Prepaid insurance Land, buildings, and equipment Accumulated depreciation Total assets $ $ Accounts payable $ $ Salaries payable Notes payable currentBonds payable Common stock Retained earnings Total liabilities and shareholders' equity $ $ Additional information for : Sold availableforsale debt securities costing $ for $ Equipment costing $ with a book value of $ was sold for $ Issued bonds payable at face value, $ Purchased new equipment for $ cash. Paid cash dividends of $ Net income was $Required:Prepare a statement of cash flows for in good form using the indirect method for cash flows from operating activities.Note: Amounts to be deducted should be indicated with a minus sign.
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