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exercise 125 the following information is available for coronado industries...

Question: exercise 125 the following information is available for coronado industries...

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Exercise 12-5 The following information is available for Coronado Industries for the year ended December 31, 2017, Beginning cash balance Accounts payable decrease Depreciation expense Accounts receivable increase Inventory increase Net income $46,575 3,830 167,670 8,487 11,385 294,044 36,225 12,420 4,865 299,115 26,910 207,000 Cash received for sale of land at book value Cash dividends paid Income taxes payable increase Cash used to purchase building Cash used to purchase treasury stock Cash received from issuing bonds Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a -sign e.g.-15,000 or in parenthesis e.g. (15,000, Coronado Industries Statement of Cash Flows-Indirect Method dugen/sharedPassignment/hest/gist.uniidsmt2358193 10020 951 р earch

ent Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash fiow with either a sign e.g. 15,000 or in parenthesis e.g.(5,000)) Coronado Industries Statement of Cash Flows-Indirect Method Adjustments to reconcile net income to 952 PM

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