Condensed tinancial data of Sandhill Company appear below: SANDHILL COMPANY Income Statement For the...
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Condensed tinancial data of Sandhill Company appear below: SANDHILL COMPANY Income Statement For the Year Ended December Additional information: New plant assets costing $ were purchased for cash in Old plant assets costing $ were sold for $ cash when book value was $ Bonds with a face value of $ were converted into $ of common stock. A cash dividend of $ was declared and paid during the year. Accounts payable pertain to merchandise purchases. Prepare a statement of cash flows for the year using the direct method. Show amounts that decrease cash flow with either a sign eg or in parenthesis eg SANDHILL COMPANY Statement of Cash Flows 
Condensed tinancial data of Sandhill Company appear below:
SANDHILL COMPANY
Income Statement
For the Year Ended December
Additional information:
New plant assets costing $ were purchased for cash in
Old plant assets costing $ were sold for $ cash when book value was $
Bonds with a face value of $ were converted into $ of common stock.
A cash dividend of $ was declared and paid during the year.
Accounts payable pertain to merchandise purchases.
Prepare a statement of cash flows for the year using the direct method. Show amounts that decrease cash flow with either a sign
eg or in parenthesis eg
SANDHILL COMPANY
Statement of Cash Flows
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