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1 The following information has been taken from the Balance Sheet of Brian's Beanies. < Vehicles Accumulated Depreciation-Vehicles < Investments < < 2 2019 160-000
1 The following information has been taken from the Balance Sheet of Brian's Beanies. < Vehicles Accumulated Depreciation-Vehicles < Investments < < 2 2019 160-000 (80-000) 2020 250.000 (100.000) < 150.000 220-000 Additional Information: < (a)>During the year Vehicles with a historic cost of $50,000 was sold for $25,000 Cash. The company made a gain on disposal of this asset of $5,000. < (b) Investments with a cost of $20,000 was sold for $30,000 Cash. < Required: < What are the Cash Flows from Investing Activities for the Year ended 30 June 2020? (6 Marks) < < Question 2 The following information has been taken from the Balance Sheet of Stella's Stones: < Bank Loan Share Capital Retained Profits 2019 50.000 2020 80000 100.000 120.000 140-000 185.000 Additional information < The business made a profit for the year of $60,000. < Required: < What are the Cash Flows from Financing Activities for the Year ended 30 June 2020? (4 Marks)
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