uestion 5 of 6-Can you orepare a Statement of cash flows using the indirect method...

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uestion 5 of 6-Can you orepare a Statement of cash flows using the indirect method
ew Policies
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The compar ative balance sheets for Pharoah Company as of December 31 are as follow
Operating expenses include depreciation expense of $42,000( $27,300 of depreciation expense for buildings and $14,700
equipment,
Prepare a statement of cash flows for the year onded Decembar 31.2022, using the indirect me thout. /Shawanaunts that decrease cast
flow with either a - sign eg -15,000 or in parenthests e.g.(15,000)
Land was sold for cash at took value.
Cash dividends of $52,500 were paid,
Net income for 2022 was $45.500
Equipment was purchased for $94,200 cash, In addition, enuigment costing $21,800 with a bonk valuc of $12,600 was said
for $5.800cash
33.200 shares of $1 par value common stack wore issued in exchange for land with a fair value of $33,200
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