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The2024comparative balance sheet and income statement ofAtkins.pdf

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The document provides information for Atkinson Group's 2024 comparative balance sheet, income statement, and statement of cash flows. It states that Atkinson disposed of a plant asset at book value during 2024 that had a cost of $12,200. The statement of cash flows is to be prepared using the indirect method for operating activities.

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The 2024 comparative balance sheet and income statement of Atkinson Group, Inc. follow. Atkinson disposed of a plant asset at book value during 2024. LOADING... (Click the icon to view the comparative balance sheet.) LOADING... (Click the icon to view the income statement.) Prepare the spreadsheet for the 2024 statement of cash flows. Format cash flows from operating activities by the indirect method. A plant asset was disposed of for $0. The cost and accumulated depreciation of the disposed asset was $12,200. There were no sales of land, no retirement of common stock, and no treasury stock transactions. Assume plant asset and land acquisitions were for cash. HELPPP PLZZZZZZZZZZ The 2024 comparative balance sheet and income statement of Atkinson Group, Inc. follow. Atkinson disposed of a plant asset at book value during 2024. (Click the icon to view the comparative balance sheet (Click the icon to view the income statement.) treasury stock transactions. Assume plant asset and land acquisitions were for cash Data table The 2024 comparative balance sheet and income statement of Atkinson Group, Inc. follow. Atkinson disposed of a plant asset at book value during 2024. (Click the icon to view the comparative balance sheet.) Click the icon to view the income statement.) treasury stock transactions. Assume plant asset and land acquisitions were for cash Data table

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