Coronado Corporation's comparative balance sheets are presented below: Additional information: 1. Net income was $23,000....
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Coronado Corporation's comparative balance sheets are presented below: Additional information: 1. Net income was $23,000. Dividends declared and paid were $16,280. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,500. (a) Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either sign e.g. 15,000, or in parenthesis e.g. (15,000).) Cash Flows from Operating Activities Netincome 5 Adjustments to reconcile net income to
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