Question: Chapter 13 Practice Problem #1 Additional Information: 1) The company used cash to pay off a $4$,000 long-term note payable. 2) The company purchased equipment
Chapter 13 Practice Problem \#1 Additional Information: 1) The company used cash to pay off a $4$,000 long-term note payable. 2) The company purchased equipment for $85,000cash. 3) The company sold equipment and received $28,019 cash. 4) The company sold the investments and received $90,000 cash. 5) Issued 10,000 shares of common stock for $5 cash per share. 6) Paid a cash dividend of $117,683 Instructions: Use all of the above information to prepare a Statement of Cash Flows for the Year Ended June 30, 2022
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