Susan Co. sold a machine that cost $78,300 and had a book value of $45,200 for $47,000. Data from Susan's comparative balance sheets are: Machinery Accumulated depreciation 12/31/21 12/31/20 $802,500 $673,000 177,500 136,800 Complete the cash flow statement below. (Show amounts that decrease cash flow with either a-sign eg. -15,000 or in parenthesis e.g. (15,000).) Susan Co. Partial Statement of Cash Flows (Indirect Method) Cash flows from operating activities Cash flows from investing activities 11

Susan Co. sold a machine that cost $78,300 and had a book value of $45,200 for $47,000. Data from Susan's comparative balance sheets are: Machinery Accumulated depreciation 12/31/21 12/31/20 $802,500 $673,000 177,500 136,800 Complete the cash flow statement below. (Show amounts that decrease cash flow with either a-sign eg. -15,000 or in parenthesis e.g. (15,000).) Susan Co. Partial Statement of Cash Flows (Indirect Method) Cash flows from operating activities Cash flows from investing activities 11

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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