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Statement of cash flows-indirect method The comparative...

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Accounting

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Statement of cash flows-indirect method The comparative balance sheet of Merrick Equipment Co. for December 31,20Y9 and 20Y8, is as follows: a. Equipment and land were acquind for cash. b. There were no disposalc of equipment during the year: c. The investments nere rold for $109,110 cank d. The comman theok was issutd for cosh. 5. There was a $56,540 creat to ketained timings for net income. Changes in current operating assets and liabilities: Cash flows from (used for) investing activities

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