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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
The income statement and other selected data for Boyer Company follow:

Supplemental information:
a. Dividends declared and paid                                  $ 800
b. Land purchased                                                         3,000
c. Land sold                                                                        500
d. Equipment purchased                                              2,000
e. Bonds payable retired                                              2,000
f. Common stock sold                                                    1,400
g. Land acquired in exchange for common stock 3,000
h. Increase in accounts receivable                            400
i. Increase in inventories                                              800
j. Increase in accounts payable                                  500
k. Decrease in income taxes payable                       400
Required
a. Prepare a schedule of change from an accrual basis to a cash basis income statement.
b. Using the schedule of change from accrual basis to cash basis income statement computed in (a), present the cash provided by operations, using (1) the direct approach and (2) the indirect approach.
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