Spartan Company had the following balance sheet information for 2023 . Additional Information for 2023:...
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Spartan Company had the following balance sheet information for 2023 . Additional Information for 2023: 2. Purchased a Patent for $1,100 in cash. b. Paid $2,000 for 10-year bonds of another company and plan to keep these bonds all 10 years. c. Sold 200 shares of common stock for $33 per share in cash. . Paid off \$2,800 of the Notes Payable c. DECLARED $1,200 of cash dividends during the year. c Sold equipment which cost $6,300 for $3,000. The equipment had a book value of $1,000. 2. Purchased equipment for $8,000 and issued a five year note payable as payment. h. Purchased additional equipment for cash Use the indirect method to prepare the statement of cash flows for Spartan Company for the year ended December 31, 2023. Include ALL supplemental disclosures at the bottom of the statement

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