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One Way Cellular accountants have assembled the following data for the year ended Sept 30,...

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Accounting

One Way Cellular accountants have assembled the following data for the year ended Sept 30, 2012. Decrease in current liabilities for the period were 15,000.

Payment of dividends $6,000 Net Income $55,000
Depreciation expense 15,000 Purchase of equipment 39,000
Cash receipt from sale of land 34,000 Issuance of Bonds

5,000
Cash receipt from issuance of common stock 30,000 Increase in current assets other than cash 14,000

Prepare the cash flow statement using the indirect method of One Way Cellular's statement of cash flows for the year ended Sept 30, 2012.

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