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The net income reported on the income statement for the current year seas $300, 000. Depreciation recorded for the year was $62, 000. Balances of

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The net income reported on the income statement for the current year seas $300, 000. Depreciation recorded for the year was $62, 000. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by, the indirect method? $200, 000 $362, 000 $344, 000 $334, 000 On the statement of cash flows, the cash flows from investing activities section would include: receipts from the issuance of capital stock payments for dividends payments for retirement of bonds payable receipts from the sale of investments Cash paid tor equipment would be reported in the statement of cash flows in: the each flows from operating activities section the each flows from financing activities section the cash flows from investing activities section a separate schedule Land and costing $57, 000 was sold for $82, 000 cash. The gain on the sale was reported on the income statement as other income. On the statement of cash flows, What amount should be reported as an investing activity from the sale of land? $82, 000 $57, 000 $100, 000 $15, 000 On the statement of cash flows, the cash flows from financing activities section would include all of the following except: We will discuss this question in class. receipts from the issuance of bonds payable payments for interest on bonds payable payments for redemption of bonds payable receipts from the issuance of capital stock Cash dividends paid on capital stock would be reported in the statement of cash flows in: the cash flows from financing activities section the cash flows from investing activities section a separate schedule the cash flows from operating activities

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