Business, 12.06.2020 16:57 nakarelinp0p303

Additional information: 1. Net income for 2020 was $102,000. 2. Cash dividends of $41,100 were declared and paid. 3. Bonds payable amounting to $52,600 were redeemed for cash $52,600. 4. Common stock was issued for $42,700 cash. 5. No equipment was sold during 2020, but land was sold at cost. Prepare a statement of cash flows for 2020 using the indirect method.

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Additional information: 1. Net income for 2020 was $102,000. 2. Cash dividends of $41,100 were decla...

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