Question: Prepare a statement of cash flows using the indirect method. ( Show amounts that decrease cash flow with either a - sign e . g

Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a- sign e.g.-15,000 or in
parenthesis e.g.(15,000).)
Adjustments to reconcile net income to
Condensed financial data of Coronado Inc. follow.
Additional information:
New plant assets costing $100,600 were purchased for cash during the year.
Old plant assets having an original cost of $58,000 and accumulated depreciation of $49,000 were sold for $1,200 cash.
Bonds payable matured and were paid off at face value for cash.
A cash dividend of $31,000 was declared and paid during the year.
Common stock was issued at par for cash
There were no significant noncash transactions.
Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a- sign e.g.-15,000 or in
parenthesis e.g.(15,000).Bramble Corporations comparative balance sheets are presented below.
BRAMBLE CORPORATION
Comparative Balance Sheets
December 31
2022
2021
Cash
$14,500
$10,400
Accounts receivable
21,300
23,900
Land
20,300
25,700
Buildings
69,800
69,800
Accumulated depreciationbuildings
(15,000)
(10,200)
Total
$110,900
$119,600
Accounts payable
$12,500
$28,300
Common stock
75,400
71,500
Retained earnings
23,000
19,800
Total
$110,900
$119,600
Additional information:
1. Net income was $22,300. Dividends declared and paid were $19,100.
2. No noncash investing and financing activities occurred during 2022.
3. The land was sold for cash of $4,600.
Prepare a statement of cash flows for 2022 using the indirect method. (Show amounts that decrease cash flow with either a - sign e.g.-15,000, or in parenthesis e.g.(15,000).)
 Prepare a statement of cash flows using the indirect method. (Show

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