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2.Fujimoto Company reports the following information. Selected Annual Income Statement Data Selected Year-End Balance Sheet Data Net income $379,000 Accounts receivable decrease $130,600 Depreciation expense

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2.Fujimoto Company reports the following information. Selected Annual Income Statement Data Selected Year-End Balance Sheet Data Net income $379,000 Accounts receivable decrease $130,600 Depreciation expense 46,800 Inventory decrease 45,000 Amortization expense 7,700 Prepaid expenses increase 5,700 Gain on sale of plant assets 6,700 Accounts payable decrease 10,700 Salaries payable increase 1,500 Use the indirect method to prepare the operating activities section of its statement of cash flows for the year ended December 31. It starts from Net income, and show the total amount of cash flow from operating activities. (Amounts to be deducted should be indicated with a minus sign.) 18 Points. 3.Use the information below to determine cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) 10 points a. Equipment with a book value of $78,000 and an original cost of $167,000 was sold for cash at a loss of $33,000. b. Paid $112,000 cash for a new truck. Sold land costing $330,000 five years ago for $425,000 cash now, yielding a gain of $95,000 d. Long-term investments in stock were sold for $90,700 cash, yielding a gain of $16,250. Paid S200,000 for cash dividends to common stockholders. c. e

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