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1) Mary? Andrews, Inc. had the following? transactions: Cash proceeds on sale of land $ 44 000 Cash proceeds on sale of equipment 180000 Purchase

1) Mary? Andrews, Inc. had the following? transactions:

Cash proceeds on sale of land $ 44 000

Cash proceeds on sale of equipment 180000

Purchase of treasury stock with cash 50 000

Purchase of equipment with cash 5 000

Issuance of common stock for cash 80 000

On a statement of cash flows prepared under the indirect? method, Net cash provided by investing activities? is:



2) Anew Health Care Company reports net income of $ 220 000 and Depreciation Expense of $ 22 000 for the year ending December? 31, 2019. No

long- term assets were sold or exchanged during 2019. They also have the following data? available:


December? 31, 2019

December? 31, 2018

Current? Assets:



Cash

$ 31000

$ 76 000

Accounts Receivable

$ 160 000

99 000

Inventory

$ 100 000

69 000

Total Current Assets

$ 291000

$ 244 000


Current? Liabilities:


Accounts Payable

$ 51 000

$ 38 000

Salaries Payable

43 000

95 000

Total Current Liabilities

$ 94 000

$ 133 000

Using the indirect? method, what is the net cash provided by operating activities for the year ending December? 31, 2019?


3) In? 2019, Forever? Young, Inc. sold land for $ 70 000 ?cash, purchased equipment for $ 23 000 cash and issued bonds for $ 90 000 cash. The Net cash provided by investing activities? is


4) In? general, the order of reporting? stockholders' equity on the balance sheet? is:

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