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The comparative balance sheets for russell company appear below

02/10/2021 Client: muhammad11 Deadline: 2 Day

A comparative balance sheet for Rocher Company appears below ROCKER COMPANY Comparative Balance Sheet Dec 31, 2012 Dec 31, 2018 $11.000 $ 34,000 18.000 25.000 6.000 17 000 Accounts roonivable Inventory Prepaid expenses Long-term investments Equipment Accumulated depreciation Totalans 60 000 9.000 17.000 33 000 (15.000 $85.000 equipment $123.000 Liabilities and Stockholders' Equity Accounts payable $17.000 Bonds payable 30.000 Common stock 40.000 Rated earings 30.000 Totallaties and stockholders' equity $120.000 $ 7000 45.000 23.000 10.000 $85.000 Additional information 1 Net income for the year ending December 31, 2019 was $35.000 2 cash dividends of $15,000 were declared and paid during the year Long term investments that had a cost of $17.000 were sold for $14,000 4 Sales for 2019 were $120.000 Instructions Prepare a statement of cash flows for the year ended December 31, 2010, using the indirect method

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