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\begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{Unknown environment 'tabular'} \...

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Accounting

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Unknown environment 'tabular' Liabilities and Stockholders' Equity Unknown environment 'tabular' Splish Brothers Inc. Income Statement Data For the Year Ended December 31, 2022 Sales revenue $1,048,842 Less: Unknown environment 'tabular' & 31,2022 & \ \hline Sales revenue & & $1,048,842 \ \hline Less: & & \ \hline Cost of goods sold & $365,742 & \ \hline Operating expenses, excluding depreciation & 33,507 & \ \hline Depreciation expense & 125,550 & \ \hline Income tax expense & 73,656 & \ \hline Interest expense & 12,771 & \ \hline Loss on disposal of plant assets & 20,250 & 631,476 \ \hline Net income & & $417,366 \ \hline \end{tabular} 1. New plant assets costing $270,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $155,250 and accumulated depreciation of $130,950 were sold for $4,050 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $70,281 was declared and paid during the year. Prepare a statement of cash flows 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)

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