Problem

This exercise continues the Sherman Lawn Service, Inc., situation from Exercise 12-38 of...

This exercise continues the Sherman Lawn Service, Inc., situation from Exercise 12-38 of Chapter 12. Refer to the Comparative Balance Sheet for Sherman Lawn Service.

Requirement

1. Prepare the Statement of Cash Flows using the indirect method. Assume no dividends were declared or paid during the year.

 

 

 

 

 

 

 

 

 

 

 

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