Business, 21.02.2020 22:30, BarcaOsama
1. Net income for 2019 was $134,700. 2. Cash dividends of $74,650 were declared and paid. 3. Bonds payable amounting to $49,300 were redeemed for cash $49,300. 4. Common stock was issued for $50,100 cash. 5. Depreciation expense was $23,600. 6. Sales revenue for the year were $977,800. 7. Land was sold at cost, and equipment was purchased for cash.
Prepare a statement of cash flows for 2019 using the indirect method.
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1. Net income for 2019 was $134,700. 2. Cash dividends of $74,650 were declared and paid. 3. Bonds p...
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