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View Policies Current Attempt in Progress Sunland Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $31,700. Dividends declared and paid
View Policies Current Attempt in Progress Sunland Corporation's comparative balance sheets are presented below. Additional information: 1. Net income was $31,700. Dividends declared and paid were $26,300. 2. All other changes in noncurrent account balances had a direct effect on cash flows, except the change in accumulated depreciation. The land was sold for $7,800. Prepare a statement of cash flows for 2022 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).) SUNLAND CORPORATION Statement of Cash Flows 5 Adjustments to reconcile net income to $ Question 41 of 50 /6.3
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