Question: Chapter 21 In-Class Exercise - Cash Flow Statement The following are comparative balance sheets and an income statement for Quahog Company. Quahog Company Quahog Company

Chapter 21 In-Class Exercise - Cash Flow Statement The following are

Chapter 21 In-Class Exercise - Cash Flow Statement The following are comparative balance sheets and an income statement for Quahog Company. Quahog Company Quahog Company Income Statement For the Year Ended December 31. 2023 Cash dividends of $45,000 were paid in 2023. Required: Prepare a statement of cash flows for 2023. Please compute cash flows from operations using both the direct and indirect methods

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