Question: Additional information: 1. Net income was $22,800. Dividends declared and paid were $18,100. 2. No noncash investing and financing activities occurred during 2022. 3. The

were $18,100. 2. No noncash investing and financing activities occurred during 2022.

Additional information: 1. Net income was $22,800. Dividends declared and paid were $18,100. 2. No noncash investing and financing activities occurred during 2022. 3. The land was sold for cash of $4,600. CONCORD CORPORATION Statement of Cash Flows Adjustments to reconcile net income to $

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