Question: Prepare a statement of cash flows - indirect method The following are the financial statements of Nosker Company. NOSKER COMPANY Income Statement For the Year


Prepare a statement of cash flows - indirect method The following are the financial statements of Nosker Company. NOSKER COMPANY Income Statement For the Year ended December 31, 2021 Additional data: 1. Dividends declared and paid were $20,000. 2. During the year equipment was sold for $8,500 cash. This equipment cost $18,000 originally and had a book value of $8,500 at the time of sale. 3. All depreciation expense, $14,500, is in the operating expenses. 4. All sales and purchases are on account. Instructions Prepare a statement of cash flows using the indirect method. NOTE: Enter a number in cells requesting a value; enter a formula in cells with a "?" . Instructions Prepare a statement of cash flows using the indirect method
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