Question: Prepare a statement of cash flows using the indirect method Current Attempt in Progress Comparative balance sheet accounts of Stellar Inc are presented below. Additional


Current Attempt in Progress Comparative balance sheet accounts of Stellar Inc are presented below. Additional data (ignoring taxes): 1. Net income for the year was $43,000 2. Cash dividends deciared and paid during the year were $21,400 3. A 20% stock dividend was declared during the year. $25,000 of retained earnings was capitalized. 4 Equity investments (level of ownership is less than 20$5 ) that cost $24,700 were sold during the year for $ unrealized gains and losses were recorded on these investments in 2025 . 5. Machinery that cost $3,800, on which $750 of depreciation had accumulated, was sold for $2,250
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