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Construct Carla Vista Industries statement of cash flows

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Reference no: EM132432940

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.

Reference no: EM132432940

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