Question: Current Attempt in Progress Use the following income statement and balance sheet information to put together a statement of cash flows. (Enter negative amounts

Current Attempt in Progress Use the following income statement and balance sheetinformation to put together a statement of cash flows. (Enter negative amountsusing either a negative sign preceding the number es.-45 or parentheses eg.(45).) 2020 Sales $1,243,000 Cost of goods sold $688,000 Gross profit $555,000

Current Attempt in Progress Use the following income statement and balance sheet information to put together a statement of cash flows. (Enter negative amounts using either a negative sign preceding the number es.-45 or parentheses eg. (45).) 2020 Sales $1,243,000 Cost of goods sold $688,000 Gross profit $555,000 Gen'l & admin expense $157,000 Selling & mkt expense $134,000 Depreciation $24,000 Operating income $240,000 Interest $142,000 Income before taxes $98,000 Income taxes (27%) $26,460 Net income $71.540 Dividends paid $25.000

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