Calculations for statement of cash flows.Milner Co. sold a machine that cost $74,000 and had a book value of $44,000 for $48,000. Data from Milner's comparative balance sheets are:
InstructionsWhat four items should be shown on a statement of cash flows (indirect method) from this information? Show your calculations.

Question

Calculations for statement of cash flows.Milner Co. sold a machine that cost $74,000 and had a book value of $44,000 for $48,000. Data from Milner's comparative balance sheets are:  
InstructionsWhat four items should be shown on a statement of cash flows (indirect method) from this information? Show your calculations.

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The Answer of Calculations for statement of cash flows.Milner Co. sold a machine that cost $74,000 and had a book value of $44,000 for $48,000. Data from Milner's comparative balance sheets are:  
InstructionsWhat four items should be shown on a statement of cash flows (indirect method) from this information? Show your calculations.

Calculations for Statement of Cash Flows