Question: Prepare the statement of cash flows under the indirect method for Easthoff, Incorporated using the information from P6- 14 and the following cash flow information:
In P6-14
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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 receipt from the sale of inwestment securities Cash payments for repayment of notes Cash Inflow (Outflow) $5,700 4,500) 19,400 12,300 11,630
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