Question: Part 2: Prepare a cash flow statement using the indirect method for a company with the following income and balance sheets. Income Statement for 2019

Part 2: Prepare a cash flow statement using the indirect method for a company with the following income and balance sheets. Income Statement for 2019 Sales Expenses Cost of goods sold Wages Depreciation Interest Total Expenses Income from continuing operations Gain from sale of land Pretax income Provision for taxes Net income Common dividends declared $100,000 [$40","000],[5","000],[7","000],[500] {:[$52","500],[$47","500],[10","000],[57","500]:} of 20,000 $37.500 $8,500

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