Question: Prepare the statement of cash flows under the direct method for Easth off, Incorporated using the information from P6- 13 and the following cash flow
In P6-13
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Easthoff, Incorporated Balanco Shoot At December 31 Morchandise Inventory Noncurrent Assets Property, Plant, and Equipment- net Total Noncurrent Assets Income Taxes Payable Total Noncurrent Labilities Common Stock, S1 par value Total Liablities and Stockholders' Equity Description Cash received on common stock issue Cash payments for dividends Cash payment for acquisition of property plant, and equipment Cash racaipt from the sale of invostment securities Cash payments for repayment of notes Cash Inflow (Outflow) $ 5,700 4,500 19 400 12,300 11,630
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