Question: 3. (30 points) Selected financial statement information and additional data for Stanislaus Co. is presented below. Prepare a statement of cash flows in good form
3. (30 points) Selected financial statement information and additional data for Stanislaus Co. is presented below. Prepare a statement of cash flows in good form for the year ending December 31, 2019. 1. Net income was $222,100. 2. Depreciation expense was $31,400. 3. Land that originally cost $42,300 was sold for $40,500 cash. Additional land was purchased for cash. 4. Dividends of $91,200 were paid. 5. A long-term note for $192,800 was issued to pay for an equipment purchase. Other equipment was purchased for cash. 6. Common stock was issued to pay $66,200 on a long-term note payable. Additional cash repayments were made on the long-term note payable
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