Reference no: EM132961868
Question - What would be a proper statement of cash flows in good form for Cooper, Inc. for the current year from the following?
Cash balance on Jan. 1, 2020 $2,500
Bad Debt Expense 600
Cash dividends paid 4,500
Cash Revenue 52,000
Depreciation Expense 2,950
Issue of common stock 20,000
Operating Expenses (all cash) 28,000
Purchase of land for cash 50,000
Repayment of bank loans 16,500
Sale of building (book value $100,000) 110,000
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