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The income statement and comparative balance sheet of Edison Corporation is given below: During the year 2017 , a dividend of $130 was declared and
The income statement and comparative balance sheet of Edison Corporation is given below: During the year 2017 , a dividend of $130 was declared and paid by management of Edison Corporation. Some plant assets were purchased during 2017 and the payment was settled by issuing common stock amounting to $35. Required: Using the data given above, prepare statement of cash flows of Edison Corporation using indirect method
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