Question: Pharoah Corporation's comparative balance sheet is presented below. Additional information: 1. Profit for the year was $25,800. Dividends dectared and paid were $22,240. 2. No

Pharoah Corporation's comparative balance sheet is presented below. Additional information: 1. Profit for the year was $25,800. Dividends dectared and paid were $22,240. 2. No noncash inverting and financing petivities occurred during 2024 3. The tand was sold for cash of $5,590, resulting ina loss of $1.250 on the sale of the land. Prepare a cash flow statement for 2024 using the indirect method. Pharout Corporation reports under ASPE. (Show amounts th decrease cosh fow with either o- sign es. 15,000, or in parenthesis es (15,000)
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