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  3. rrom the following balance sheet information and o

rrom the following balance sheet information and other data, prepare a statement of cash flows...

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Accounting

image rrom the following balance sheet information and other data, prepare a statement of cash flows for Delta Company, using the indirect method: Other data: (assume IAS7) (11) Net income $1,490 (2) Depreciation expense 530 (3) Equity in Green Company net income 130 (4) Loss on sale of machinery 50 (5) Amortization of patents 40 (6) Dividends paid (cash) 430 (7) Machinery with a cost of $450 and a book value of $240 was sold or $190. (8) Machinery was purchased for $630. (9) Treasury stock was sold for $250 cash. (10) Land with a fair market value of $1,500 was purchased by the issuance of longterm note payable. (11) Preferred stock was issued for $230 cash. 112) The remaining changes in the Preferred Stock account and in the Paid-inCapital in Excess of Par account resulted from the issuance of preferred stock to retire $500 of bonds payable

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