Question: answer in proper format from dropdown options Information from the balance sheet and income statement is given below for Grouper Inc, a private company reporting

answer in proper format from dropdown options  answer in proper format from dropdown options Information from the balance
sheet and income statement is given below for Grouper Inc, a private
company reporting under ASPE, for the year ended December 31 . Additional
information: 1. Investments in land were sold at cost during 2024. Additional
information: 1. Investments in land were sold at cost during 2024. 2.
Equipment costing 550,400 was sold for $13,995, resulting in a gain, 3
Common shares were issued in exchange for some equigment during the year.
No other shares were issived: 4. The remaining purchases of equipment were

Information from the balance sheet and income statement is given below for Grouper Inc, a private company reporting under ASPE, for the year ended December 31 . Additional information: 1. Investments in land were sold at cost during 2024. Additional information: 1. Investments in land were sold at cost during 2024. 2. Equipment costing 550,400 was sold for $13,995, resulting in a gain, 3 Common shares were issued in exchange for some equigment during the year. No other shares were issived: 4. The remaining purchases of equipment were paid for in cash. Prepare a cash flow statement for the year ended December 31.2024, using the indirect method, 1Show amounts that decrease cash flow with either a-sign eg 15,000 or in parenthesis eg,(15,0001) Cash Flow Statement - Indirect Method Cash, lanuary 1 Cash, December 31 Financing Activities Investing Activities Net Cash Provided by Financing Activities Not Cash Provided by Inventing Activities Net Cash Provided by Operating Activities Net Cash Used by Financing Activities Net Cash Used by Irvesting Activities Net Cash Used by Operating Activitias Net Decroase in Cash Net Increase in Cash Operating Activities Prepare a cash flow statement for the year ended December 31, 2024. using the indirect nethod. (Show amounts that decrease cash flow with either a - sean es - 15.000 or in parenthesis es. (15.0001) 4 Note X: Significiant noncash investing and fonancing activities: Equipment with a cost of $ Was purchased inexhange for common shares

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