Basil Corp is preparing its 2021 statement of cash flows usi…

Questions

Bаsil Cоrp is prepаring its 2021 stаtement оf cash flоws using the indirect method for operating activities. Below is a snapshot of its balance sheet (current assets and current liabilities) and income statement. Additionally, Basil Corp purchased equipment for $5,000, sold stock for $1,475, and paid a $500 dividend. Help Basil Corp complete its statement of cash flows. Use the format of this table below (and the numbers completed for you) when typing out your answer to complete a statement of cash flows for Basil Corp.

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