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Question: the three accounts shown below appear in the general ledger...

Question details

The three accounts shown below appear in the general ledger of Herrick Corp. during 2017.

From the postings in the accounts, indicate how the information is reported on a statement of cash flows using the indirect method. The loss on disposal of equipment was $4,100. (Hint: Cost of equipment constructed is reported in the investing activities section as a decrease in cash of $52,300.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

please include all calculations and answers. thank you

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