Question: You have been provided the following cash flow activities about

You have been provided the following cash flow activities about Dugald Ltd. for the year ended December 31, 2018. Organize this information into a statement of cash flows. Use Leon’s statement in Exhibit 2.1 as a model. Be sure to provide a reconciliation to the cash balance on December 31, 2018:
• Cash balance on December 31, 2018 ....... $75,000
• Cash balance on December 31, 2017....... ?
• Cash from operations ............ 245,000
• Issue of long-term debt ............ 150,000
• Sale of land .................. 45,000
• Purchase of equipment ............. 210,000
• Repayment of bank loan............ 85,000


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  • CreatedFebruary 26, 2015
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