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this was all the information given The controller of Sarasota Corporation has provided you with the following information: Sarasota Corporation Income Statement For the Year
this was all the information given
The controller of Sarasota Corporation has provided you with the following information: Sarasota Corporation Income Statement For the Year Ended December 31, 2023 Netsales Operating expenses Income from operations Other revenues and expenses Gain on sale of equipment 25,650 Interest expense Income before income taxes Income taxes Net income $530,100 179,550350,550 Sarasota Corporation Comparative Account Information Relating to Operations Sarasota Corporation Partial Statement of Cash Flows Adjustments: Sarasota Corporation Comparative Account Information Relating to Operations For the Year Ended December 31, 2023 Prepare a statement of cash flows (for operating activities only) for the year ended December 31, 2023 using the indirect method. (Show amounts that decrease cosh flow with either a-sign es. - 15,000 or in parenthesis es. (15,000), ) Step by Step Solution
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