Question: Additional data: 1. Depreciation expense was $17,150. 2. Dividends declared and paid were $19,600. 3. During the year, equipment was sold for $8,330 cash. This

 Additional data: 1. Depreciation expense was $17,150. 2. Dividends declared and

paid were $19,600. 3. During the year, equipment was sold for $8,330

cash. This equipment originally cost $17,640 and had accumulated depreciation of $9,310at the time of sale. 4. Bonds were redeemed at their carrying

amount. 5. Common shares were issued for cash. Prepare a statement of

Additional data: 1. Depreciation expense was $17,150. 2. Dividends declared and paid were $19,600. 3. During the year, equipment was sold for $8,330 cash. This equipment originally cost $17,640 and had accumulated depreciation of $9,310 at the time of sale. 4. Bonds were redeemed at their carrying amount. 5. Common shares were issued for cash. Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g

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