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Totals ( underline{hline 784,000} quad $ 526,400 ) Additional information: 1. Operating expenses include depreciation expense of $56,000. 2. Land was sold at its book
Totals \( \underline{\hline 784,000} \quad \$ 526,400 \) Additional information: 1. Operating expenses include depreciation expense of $56,000. 2. Land was sold at its book value for cash. 3. Cash dividends of $119,000 were declared and paid in 2025. 4. Equipment with a cost of $232,400 was purchased for cash. Equipment with a cost of $71,400 and a book value of $50,400 was sold for $47,600 cash. 5. Bonds of $70,000 were redeemed at their face value for cash. 6. Common stock (\$1 par) was issued at par for $238,000 cash. Use this information to prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign (e.g., -15,000) or in parenthesis (e.g., (15,000).) Question 10 of 12 Increase in Inventory Increase in Prepaid Expenses Increase in Accounts Payable Decrease in Accrued Expenses Payable Cash Flows from Investing Activities 0.26/1 Cash Flows from Financing Activities Pavment of Cash Dividends Redemption of Bonds Issuance of Common Stock Net Cash Used bv Financing Activities Net Increase in Cash Question 10 of 12 Net Cash Used bv Financing Activities Net Increase in Cash 0.26/1 Cash at Beginning of Period Cash at End of Period Cash at Beginning of Period Cash at End of Period eTextbook and Media Save for Later Attempts: 1 of 3 used Submit
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