Question: Prepare the cash flow statement for Walsh Co. for the year ended December 31, 2022. Net Income Sold $15,000 PPE with $6,000 Accumulated Depreciation

Prepare the cash flow statement for Walsh Co. for the year ended 

Prepare the cash flow statement for Walsh Co. for the year ended December 31, 2022. Net Income Sold $15,000 PPE with $6,000 Accumulated Depreciation for $7,000 cash 12/31/21 Assets Cash Accounts Receivable Inventory Prepaid Expenses Equipment Accumulated Depreciation 2022 $ 18,000 Total Assets Liabilities and Shareholders' Equity Accounts Payable Bonds Payable Total Paid in Capital Retained Earnings 12/31/22 $ 8,000 17,000 35,000 8,000 110,000 (40,000) $ 138,000 $ 15,000 50,000 32,000 41,000 $ 138,000 $ 5,000 20,000 29,000 10,000 86,000 (28,000) $ 122,000 $ 13,000 55,000 25,000 29,000 $ 122,000 Change $ 3,000 (3,000) 6,000 (2,000) 24,000 2,000 (5,000) 7,000 12,000

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