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Prepare statement of cash flows for the year ended December

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Reference no: EM133005863

Question - Perry Corp had the following financial data related to the years ended December 31, 2017:

1. There was no gain or loss on the long term investments sold or bonds retired

2. Old equipment with an original cost of $34,900 was sold for $8,922

3. New equipment was purchased for $153,900

4. Dividends were paid during the year

5. Additional shares were issued during the year

Required - Prepare a statement of cash flows for the year ended December 31, 2017?

Reference no: EM133005863

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