Business, 10.05.2021 16:40, donmak3833

The following information is available for Windsor, Inc. for the year ended December 31, 2020. Beginning cash balance $45,720
Accounts payable decrease 3,759
Depreciation expense 164,592
Accounts receivable increase 8,331
Inventory increase 11,176
Net income 288,646
Cash received for sale of land at book value 35,560
Cash dividends paid 12,192
Income taxes payable increase 4,775
Cash used to purchase building 293,624
Cash used to purchase treasury stock 26,416
Cash received from issuing bonds 203,200

Required:
Prepare a statement of cash flows using the indirect method.

Answers: 2

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The following information is available for Windsor, Inc. for the year ended December 31, 2020. Beg...