Current Attempt in Progress Condensed financial data of Sheridan Company follow. Additional information: 1. New...
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Accounting
Current Attempt in Progress Condensed financial data of Sheridan Company follow. Additional information: 1. New plant assets costing $79,400 were purchased for cash during the year. 2. Old plant assets having an original cost of $45,300 and accumulated depreciation of $34,900 were sold for $2,900 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $15,600 was declared and paid during the year. Prepareastatement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - signe g.15,000 or in porenthesis es (15.000)
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