A. The loss on the cash sale of equipment was $4,375 (details in b).B. Sold equipment costing $97,875, with accumulated depreciation of $47,125, for $28,625 cash. C. Purchased equipment costing $113,375 by paying $64,000 cash and signing a long-term note payable for the balance. D. Borrowed $5,700 cash by signing a short-term note payable. E. Paid $58,625 cash to reduce the long-term notes payable. F. Issued 4,200 shares of common stock for $20 cash per share. G. Declared and paid cash dividends of $53,500.Prepare a complete statement of cash flows; report its operating activities using the indirect method.
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A. The loss on the cash sale of equipment was $4,375 (details in b).B. Sold equipment costing $97,87...
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