Question: Prepare statement of cash flows using the indirect method for Libby Inc. for the year 2016. Could you also show me how you calculated the
Prepare statement of cash flows using the indirect method for Libby Inc. for the year 2016.
Could you also show me how you calculated the Operating Activities, Investing Activities, Financing Activities, and the Non-Cash Activities? For example, can you also provide the formula for calculating those items


Additional Information 1. Bought equipment for cash, $23,000. 2. Sold Land costing $15,000 only for $14,000 with loss on sale of land $1,000 3. Paid $10,000 on long term note payable 3. Paid $10,000 on long term rn 4. Issue new shares of common stock for $20,000. 5. Declared and paid a $3,800 dividend in cash. What is cash flows from: Operating activities Investing activities Financing activities Non-cash activities
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