Question: Additional information: New plant assets costing $ 8 0 , 8 0 0 were purchased for cash during the year. Old plant assets having an

 Additional information: New plant assets costing $80,800 were purchased for cash

Additional information:
New plant assets costing $80,800 were purchased for cash during the year.
Old plant assets having an original cost of $46,900 and accumulated depreciation of $36,500 were sold for $2,900 cash.
Bonds payable matured and were paid off at face value for cash.
A cash dividend of $24,500 was declared and paid during the year.
Common stock was issued at par for cash.
There were no significant noncash transactions.
Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis e.g.(15,000).)
during the year. Old plant assets having an original cost of $46,900

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