Use the data in Short Exercise to prepare Ethan Corporations statement of cash flows for the year ended June 30, 2010.

Ethan uses the indirect method for operatingactivities.

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Net in Payment of dividends Proceeds from the issuance ? Cost of goods sold 5,600 Other operating expenses $116,000 33,000 Purchase of equipment 7,000 32,000 228,000 Payment of note payable ales revenue Decrease in current assets other than cash 35,000 Depreciation expense.. 11,000 Purchase of treasury stock. 6,000