Question: Prepare a Statement of Cash Flows for The Dr. J Co. for the period ending December 31,2021 using the following info: Income Statement Comnarative Ralanea

 Prepare a Statement of Cash Flows for The Dr. J Co.
for the period ending December 31,2021 using the following info: Income Statement

Prepare a Statement of Cash Flows for The Dr. J Co. for the period ending December 31,2021 using the following info: Income Statement Comnarative Ralanea Sheats (solected accounts) Other information: 1. Equipment was sold for $250,000 cash that resulted in a $125,000 gain as noted above in the Income Statement info. 2. A building was sold for $100,000 cash that resulted in a loss of $50,000 as noted above in the income statement info. 3. Equipment was purchased costing $60,000. A down payment was made for $10,000 cash and the company issued a note's payable for the remaining balance. 4. Equipment was purchased costing $90,000 and was paid with cash. 5. A cash dividend was declared and paid in 2021 of $100,000. 6. A $150,000 cash dividend was declared in December 2021 payable in January 2022. 7. A 5% stock dividend was issued in 2021. Retained earnings was debited for $90,000. 8. 2,000 shares of $10 par common stock was issued in 2021 in exchange for equipment. The cost recorded for the equipment was $80,000. 9. 1,000 shares of common stock were issued in 2021 for $80,000cash. 10. The company purchased shares of its own stock as Treasury Stock and paid $50,000 cash

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