Use the Autos of Red Deer data in exercise 9-8 to compute

a. New borrowing or payment of long-term notes payable. Autos of Red Deer had only one long-term note payable transaction during the year

b. Issuance of common shares or repurchase of common shares. Autos of Red Deer had only one common share transaction during the year.

c. Payment of cash dividends (same as dividends declared).

Exercise 9-8

Autos of Red Dcer Inc. reported the following financial statements for 2020:

Compute the following investing cash flows:

a. Acquisitions of plant and equipment (all were for cash). Autos of Red Deer sold no plant and equipment

b. Proceeds from the sale of investments. Autos of Red Deer purchased no investments,

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1 2 (in thousands) 3 Sales revenue A Autos of Red Deer Inc. Income Statement For the Year Ended December 31, 2020 4567 Cost of goods sold Salary expense Depreciation expense Other expenses 8 Total expenses 9 Net income 10 B C $ 710 340 70 20 130 560 $ 150