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2019 2020 Cash $2,800 $2,200 Accounts p Wages pay: Accounts $4,600 $8,000 receivable Inventory $11,000 $13,500 Prepaid insurance $400 $750 Equipment $24,000 $28,000 Accum. ($14,000)
2019 2020 Cash $2,800 $2,200 Accounts p Wages pay: Accounts $4,600 $8,000 receivable Inventory $11,000 $13,500 Prepaid insurance $400 $750 Equipment $24,000 $28,000 Accum. ($14,000) ($17,500) Depreciation Land $18,000 $21,000 $46,800 $55,950 Utilities pa) Note payab Interest pa) Common st Retained ei If no land was sold during 2020, what was the company's cash flows from investing activities? ($9,150) ($7,000) ($3,000) ($3,500) O None of the above 2019 2020 Accounts payable $3,600 $6,350 Wages payable $1,000 $1,400 Utilities payable $2,200 $1,500 Note payable $24,000 $30,000 Interest payable $1,600 $2,800 Common stock $12,000 $12,000 Retained earnings $2,400 $1,900 $46,800 $55,950
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