Question: please help create a statement of cash flows! using the direct and indirect method the comparative balance sheet of Lvers, Inc. for December 31,203 and


the comparative balance sheet of Lvers, Inc. for December 31,203 and 202 is shown below: The income statement of Livers, Inc, for December 31,203 is shown below: Additional data for the year: - All sales are on account and all purchases of inventory are on account. - The investments were sold for $175,000 cash. - Equipment and land were acquired for cash. - There were no disposals of equipment during the year. - The common stock was issued for cash. - The only changes to retained earnings was net income and dividends. Using the forms provided, prepare a statement of cash flows using the Indirect Method. Also prepare a statement of cash flows using the Direct Method. CH 16 Statement of Cash Flows (Indirect) (h. 16 Statement of Cash Flows (Direct)
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