E14-6 The three accounts shown below appear in the general ledger of Cesar Corp. during 2008.

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The three accounts shown below appear in the general ledger of Cesar Corp. during 2008.

Instructions
From the postings in the accounts, indicate how the information is reported on a statement of
cash flows using the indirect method. The loss on sale of equipment was $5,000. (Hint: Cost of
equipment constructed is reported in the investing activities section as a decrease in cash of
$53,000.)