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intermediate accounting The balance sheet for December 31, 2012, December 31,...

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Accounting

intermediate accounting
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The balance sheet for December 31, 2012, December 31, 2011, and the income statement for the year ended December 31, 2012, for Rocket Company follows. Additional information - During 2012 cash payments for buildine and equipment 515,000 . * Daring 2012 cash paid for retirement of notes payable $10,000. ** During 2012 eash received from isseance of sack. Note: Cash dividends of 568,000 were paid during 2012 . Rocket Company Income Statement For the Year Ended December 31, 2012 Sales 5500,600 Less expenses: Required: Prepare the statement of cash flows for 2012. (Present cash flows from operations wing the indireet approach.)

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