Question: Additional Information on Current-Year Transactions a. No dividends are declared or paid. b. Issued additional stock for $10,000 cash. c. Purchased equipment for cash; no

paid. b. Issued additional stock for $10,000 cash. c. Purchased equipment for

cash; no equipment was sold. Chepter 12 - Preparing the Cash Flow

Additional Information on Current-Year Transactions a. No dividends are declared or paid. b. Issued additional stock for $10,000 cash. c. Purchased equipment for cash; no equipment was sold. Chepter 12 - Preparing the Cash Flow Statement i Additional Information on Current-Year Transactions a. No dividends are declared or poid b. Issued additional stock for $10,000 cash. c. Purchased equipment for cash; no equipment was sold. 1. Use the obove information to prepare a statement of cash flows for the current year using the indirect method Note: Amounts to be deducted should be indicated by a minus sign

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