21) BlueSky Company reported net income of $620,000 for the year ended 12/31/21. Included in the computation of net income were: depreciation expense, $60,000; amortization of a patent, $25,000; income from an investment in common stock of XYZ Inc., accounted for under the equity method, $70,000; and amortization of a bond premium, $15,000. BlueSky also paid a $75,000 dividend during the year. The net cash provided (used) by operating activities would be reported at?

22) Mint, Inc. reported net income of $80,000 for the year ended December 31, 2021. Included in net income were depreciation expense of $10,800 and a gain on sale of equipment of $2,400. The equipment had an historical cost of $70,000 and accumulated depreciation of $55,000. Each of the following accounts increased during 2021:

Land $15,000

Prepaid rent $18,600

Bonds payable $20,000

Accounts Receivable $10,000

What is the amount of cash provided by or used by investing activities for Mint, Inc. for the year ended December 31, 2021?

23) Pistachio Co. provided the following information on selected transactions during 2021:

Purchase of land by issuing bonds $ 1,800,000

Proceeds from issuing bonds 3,500,000

Purchases of inventory 4,200,000

Purchases of treasury stock 550,000

Dividends paid to common stockholders 250,000

Proceeds from issuing common stock 2,200,000

Proceeds from sale of equipment 250,000

The net cash provided (used) by financing activities during 2021 is?

24) The following information on selected cash transactions for 2021 has been provided by Rum Company:

Proceeds from sale of machinery $ 350,000

Proceeds from long-term borrowings 482,000

Purchases of plant assets 290,000

Purchases of inventories 840,000

Proceeds from sale of Candy common stock 250,000

What is the cash provided (used) by investing activities for the year ended December 31, 2021, as a result of the above information?

25) The primary point of statement of cash flows is to determine the amount that cash changed during the period. (True/False)