Question: q3 Pls solve i dont have much time only 30 min Question IV - 15 Points The following are several items involving the cash flow
Question IV - 15 Points The following are several items involving the cash flow activities of the Mueller Company for 2010: a. Net income, $68,000 i. Payment for purchase of equipment, b. Increase in accounts receivable, $4,400 $8,000 c. Receipt from sale of common stock, j. Receipt from sale of preferred stock, $12,300 $20,000 d. Depreciation expense, $11,300 k. Increase in income taxes payable, $3,500 e. Dividends paid, $24,500 1. Payment for purchase of land, $9,700 f. Payment for purchase of building, $65,000 m. Decrease in accounts payable, $2,900 g. Bond discount amortization, $2,700 n. Increase in inventories, $10,300 h. Receipt from sale of long-term investments o. Beginning cash balance, $18,000 at cost, $10,600 1. (15 points) Prepare the statement of cash flows of the Mueller Company for 2010
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