Question: 11. Current Attempt in Progress Presented here are the financial statements of Wildhorse Company. Question 11 of 12 > Additional data: 1. Depreciation expense was





Current Attempt in Progress Presented here are the financial statements of Wildhorse Company. Question 11 of 12 > Additional data: 1. Depreciation expense was $15,700. 2. Dividends declared and paid were $20.460, 3. During the year equipment was sold for $7,800 cash. This equipment cost $17,800 originally and had accumulated depreciation of $10.000 at the time of sale. 4. Bonds were redeemed at their carrying value. 5. Common stock was issued at par for cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Question 11 of 12 0.45/1 Increase in Accounts Payable Net Cash Provided by Operating Activities * Cash Flows from Investing Activities: Sale of Equipment 4800 Net Cash Provided by Investing Activities * Cash Flows from Financing Activities: b) The parts of this question must be completed in order. This part will be avallable when you complote the part above
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