(Solved): The Murdock Corporation reported the following balance sheet data for 2024 and 2023: Additional inf ...

The Murdock Corporation reported the following balance sheet data for 2024 and 2023: Additional information for 2024 : (1) Sold avallable-for-sale debt securities costing $\$76,000$ for $\$81,800$. (2) Equipment costing $\$20,000$ with a book value of $\$6,300$ was sold for $\$7,950$. (3) Issued $6\%$ bonds payable at face value, $\$213,000$. (4) Purchased new equipment for $\$158,000$ cash. (5) Paid cash dividends of $\$26,500$. (6) Net income was $\$63,000$. Required: Prepare a statement of cash flows for 2024 in good form using the indirect method for cash flows from operati Note: Amounts to be deducted should be indicated with a minus sign. MURDOCK CORPORATION Statement of Cash Flows For the Year Ended December 31, 2024 Cash flows from operating activities: Adjustments for noncash effects: Changes in operating assets and liabilities: Net cash flows from operating activities Cash flows from investing activities: Net cash flows from investing activities Cash flows from financing activities: Net cash flows from financing activities Cash balance, January 1 Cash balance, December 31