Ch 12: Mormework 11 of 12 Additional data: 1. Depreciation expense was 517,400 2. Dividends...
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Ch 12: Mormework 11 of 12 Additional data: 1. Depreciation expense was 517,400 2. Dividends declared and paid were $20.980. Additional data: 1. Deareciation expense was $17,400 2. Dividends declared and paid were $20.980. 3. During the year equipment was sold for 56,800 cash. This equipment cost $17,400 originally and had accumulated depreciation of $10,600 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. (a) Prepare a statement of cash flows using the indirect method. Ghow amounts that decrease eash flow with either a - sign es. - 15,000 or in parenthesis es. (15,000u)
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