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Winter 2024 Comparative Balance Sheer Ending Beginning Balance Balance Home nnouncements rades vllabus lodules Assets: Cash and cash equivalents $30 $26 Accounts receivable 37
Winter 2024 Comparative Balance Sheer Ending Beginning Balance Balance Home nnouncements rades vllabus lodules Assets: Cash and cash equivalents $30 $26 Accounts receivable 37 43 Inventory 67 63 Property, plant, and equipment 601 560 Less accumulated depreciation 377 360 gBlueButton Total assets $358 $332 Liabilities and stockholders' equity: choVideo ffice 365 erstacker Learning ommons orary cGraw-Hill Connect Accounts payable Accrued liabilities Income taxes payable Bonds payable Common stock $42 $46 23 22 39 39 141 170 63 60 Retained earnings 50 (5) Total liabilities and stockholders' equity $358 $332 udent Course aluations Income Statement Sales $710 Cost of goods sold 437 Gross margin 273 Selling and administrative expense 176 Net operating income 97 Income taxes 29 Net income $ 68 The company did not dispose of any property, plant, and equipment, issue any bonds payable, or repurchase any of its own common stock during the year. The company declared and paid a cash dividend of $13. Required: Prepare a statement of cash flows in good form using the indirect method.
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