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1. New plant assets costing $230,000 were purchased for cash during the year. ...

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Accounting

1. New plant assets costing $230,000 were purchased for cash during the year.
2. Old plant assets having an original cost of 132,250 and accumulated depreciation of $111,550 were sold for $2,459 cash.
3. Bonds payable matured and were paid off at face value for cash.
4. A cash dividend of $59,869 was declared and paid during the year.
Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - or in paranthesis)
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