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The following is a condensed version of the comparative balance sheets for Flint Corporation for
the last two years at December 31. Additional information: Investments were sold at a loss of $17,
000; no equipment was sold; cash dividends paid were $51,000; and net income was $272,000
.Prepare a statement of cash flows for 2020 for Flint Corporation. (Show amounts that decrease
cash flow with either a-sign eg. -15.000 or in parenthesis e.e (150001.1

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  • 1. The following is a condensed version of the comparative balance sheets for Flint Corporation for the last two years at December 31. Additional information: Investments were sold at a loss of $17, 000; no equipment was sold; cash dividends paid were $51,000; and net income was $272,000 .Prepare a statement of cash flows for 2020 for Flint Corporation. (Show amounts that decrease cash flow with either a-sign eg. -15.000 or in parenthesis e.e (150001.1