Crane Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $17.000....
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Crane Corporation's comparative balance sheets are as follows. Additional information: 1. Net income was $17.000. Dividends declared and paid were $16,800. 2. Equipment which cost $11,600 and had accumulated depreciation of $1,000 was sold for $3,100. 3. No noncash investing and financing activities occurred during 2025. 4. Bonds were retired at their carrying value. Prepare a statement of cash flows for 2025 using the indirect method. (Show amounts that decrease cash flow with either a - sign eg. -15.000 or in parenthesis e.g. (15,000))
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