Question: Prepare a Statement of cash flow using indirect method The following are comparative balance sheets for Waterway Company. Assets Cash Accounts receivable. Inventory Land Waterway

Prepare a Statement of cash flow using indirect method
The following are comparative balance sheets for Waterway Company. Assets Cash Accounts

receivable. Inventory Land Waterway Company Comparative Balance Sheets December 31 Equipment Accumulated

The following are comparative balance sheets for Waterway Company. Assets Cash Accounts receivable. Inventory Land Waterway Company Comparative Balance Sheets December 31 Equipment Accumulated depreciation-equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total 2025 $54,400 $17,600 60,800 133,600 151,200 64,000 80,000 208,000 160,000 (52,800) (25,600) $477,600 $444,000 2024 70.400 $ 31,200 120,000 172,800 153,600 110,400 $477,600 $444,000 $34,400 160,000 139,200

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