Question: A comparative balance sheet for Alpha Company appears below Net income for the year ending December 31, 2015 was $24, 000. Cash dividends of $12,
A comparative balance sheet for Alpha Company appears below Net income for the year ending December 31, 2015 was $24, 000. Cash dividends of $12, 000 were declared and paid during the year. Long term investments that had a cost of $18, 000 were sold for $16, 000 Sales for 2015 were $120, 000. Prepare a statement of cash flows for the year ended December 31, 2015, using the indirect method
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