Question: Additional information: 1. Net income was $22, 630. Dividends declared and paid were $19, 500. 2. No noncash investing and financing activities occurred during 2017.
Additional information: 1. Net income was $22, 630. Dividends declared and paid were $19, 500. 2. No noncash investing and financing activities occurred during 2017. 3. The land was sold for cash of $4, 900. Instructions a) Prepare a statement of cash flows for 2017 using the indirect method. b) Compute free cash flow
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