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Question - The following items were gathered from Carla Vista Industries' general ledger:
Sale of marketable securities
$13,550
Depreciation and amortization expense
24,322
Payment of cash dividends
3,873
Proceeds from disposal of equipment
889
Loss on disposal of equipment
230
Net income
25,663
Beginning Cash balance
19,650
Purchase of equipment
21,852
Decrease in Accounts Receivable
1,148
Proceeds from issuing common stock
2,071
Increase in Inventory
3,525
Increase in Accounts Payable
4,600
Ending Cash balance
62,873
Required - Using the indirect method, construct Carla Vista Industries' statement of cash flows.
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