1) If Ayayai Corp. realizes a gain of $62000 on a cash sale of equipment having a book value of $456000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is a) $456000 b) $518000 c) $62000. d) $394000. 2) The current assets of Nash's Trading Post, LLC are $299000. The current liabilities are $130000. The current ratio expressed as a proportion is a) 2.30:1. b) $130000 - $299000. c) 230%. d) 0.43.1. 3) During 2022, Cheyenne Corp. reported cash provided by operations of $699000, cash used in investing of $604000, and cash used in financing of $167000. In addition, cash spent on fixed assets during the period was $243000. Average current liabilities were $572000 and average total liabilities were $1510000. No dividends were paid. Based on this information, what was Cheyenne free cash flow? a) S456000 b) $95000 c) ($127000). d) ($531000). Concord Corporation had the following transactions that took place during the year: 1. Recorded credit sales of $3050 II. Collected $1830 from customers III. Recorded sales returns of $610 and credited the customer's account. What is the total effect of these transactions on free cash flow? Cannot be determined Decrease No Effect Increase