Refer to Satu Company s financial statements and related information in
Refer to Satu Company’s financial statements and related information in Problem.
In problem
Additional Information on Year 2015 Transactions
a. Purchased equipment for $30,250 cash.
b. Issued 3,000 shares of common stock for $21 cash per share.
c. Declared and paid $60,000 of cash dividends.
Required
Prepare a complete statement of cash flows; report its cash flows from operating activities according to the direct method.
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