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The Murdock Corporation reported the following balance sheet data for 2018 and 2017: 32 Cash Available-for-sale debt securities (not cash equivalents) Accounts receivable Inventory Prepaid

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The Murdock Corporation reported the following balance sheet data for 2018 and 2017: 32 Cash Available-for-sale debt securities (not cash equivalents) Accounts receivable Inventory Prepaid insurance Land, buildings, and equipment Accumulated depreciation Total assets Accounts payable Salaries payable Notes payable (current) Bonds payable Common stock Retained earnings Total liabilities and shareholders' equity 2018 2017 $ 95,135 32,555 23,500 101,000 96,000 82,650 181,000 159,400 2,940 3,600 1,282,000 1,141,000 (626,000) (588,000) $1,054,575 $ 932, 205 $ 90, 740 $ 164,670 26,400 32,500 39,400 91,000 216,000 a 300,000 300,000 382,035 344,035 $1,054,575 $ 932,205 Additional Information for 2018: Additional information for 2018: . (1.) Sold available for sale debt securities costing $77,500 for $83,600, . (2.) Equipment costing $20,000 with a book value of $6,600 was sold for $8,400. (3.) Issued 6% bonds payable at face value, $216,000. (4.) Purchased new equipment for $161,000 cash. . (5.) Paid cash dividends of $28,000. (6.) Net income was $66,000. . Required: Prepare a statement of cash flows for 2018 in good form using the indirect method for cash flows from operating activities. (Amoun to be deducted should be indicated with a minus sign.)

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