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year ended Destive statements of financial position of Mikos Inc. as of December 3 1 , 2 0 2 3 and 2 0 2 4
year ended Destive statements of financial position of Mikos Inc. as of December and and its statement of earnings for t
Additional information is as follows:
a Land was sold for cash at its carrying amount.
b Mikos sells its shortterm investments within three months of purchasing them.
c Cash dividends were declared and paid in
d New equipment with a cost of $ was purchased for cash, and old equipment was sold at its carrying amount e Longterm notes of $ were paid in cash,
e Longterm notes of $ were paid in cash, and notes of $ were converted to shares.
Required:
Prepare a statement of cash flows for Mikos Inc. for the year ended December by using the indirect method. Negative answers should be indicated by a minus sign.
Answer is not complete.
MIKOS INC.
Statement of Cash Flows
For the Year Ended December
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