Question - How do these fit into a statement of cash flows (indirect method)?
• A loss of $22,000 was recorded on the disposal of a small parcel of land. No land was purchased during the year
• Equipment costing $73,000 was purchased while a loss of $16,000 was recorded on equipment that originally cost $45,000 and was sold for $22,000
• The company received $518,000 from new bank loans during the year.
• Dividends were declared and paid during the year.
• No common shares were issued during the year but some were bought back and retired at the amount they were originally issued at.