The 2024 income statement and comparative balance sheet of Rolling Hills, Inc. follow:Requirement 1. Prepare...
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The income statement and comparative balance sheet of Rolling Hills Inc. follow:Requirement Prepare the Statement of Cash Flows by the direct method. Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero. Complete the statement one section at a time, beginning with the cash flows from operating activities. 
The income statement and comparative balance sheet of Rolling Hills Inc. follow:Requirement Prepare the Statement of Cash Flows by the direct method. Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.
Complete the statement one section at a time, beginning with the cash flows from operating activities.
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