Solution-Below is the comparative balance sheet

Below is the comparative balance sheet

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Reference no: EM131110791

1. Below is the comparative balance sheet for Lowenstein Corporation. Dividends in the amount of $10,000 were declared and paid in 2010. From this information, prepare a worksheet for a statement of cash flows. Make reasonable assumptions as appropriate. The short-term investments are considered available-for-sale, and no unrealized gains or losses have occurred on these securities.

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Reference no: EM131110791

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Below is the comparative balance sheet

Reference no: EM131110791

Reference no: EM131110791

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