Current Attempt in Progress Here are comparative balance sheets for Coronado Company Prepare a statement of cash flows-indirect method Cash Inventory Accounts receivable Land Equipment Accumulated depreciation - equipment 1 Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings 2 Total Additional information. 4 CORONADO COMPANY Comparative Balance Sheets December 31 3. Assets 5. (a) 2020 $72,000 88,000 167,000 71,000 260,000 (65,000) $37,000 149,000 213,000 194,000 2019 $593,000 $22,000 75,000 $593,000 $558,000 194,000 101,000 198,000 (32,000) $47,000 209,000 171,000 131,000 $558,000 Net income for 2020 was $101,000. Cash dividends of $38,000 were declared and paid. Bonds payable amounting to $60,000 were redeemed for cash $60,000. Common stock was issued for $42,000 cash. Equipment that cost $50,000 and had a book value of $32,000 was sold for $34,000 during 2020, land was sold at cost. M

Current Attempt in Progress Here are comparative balance sheets for Coronado Company. Prepare a statement of cash flows-indirect method Additional information 1. Net income for 2020 was $101.000 2. Cash dividends of $38,000 were declared and paid 3. Bonds payable amounting to $60,000 were redeemed for cash $60,000 4. Commonstock was issued for $42,000cash 5. Equipment that cost $50,000 and had a book value of $32,000 was sold for $34,000 during 2020 ; land was sold at cost