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4. On January 1, 2019, Tractor Supply had common stock balance of $60,000 and loans payable was $10,000. During the current year, Tractor Supply purchases
4. On January 1, 2019, Tractor Supply had common stock balance of $60,000 and loans payable was $10,000. During the current year, Tractor Supply purchases equipment for $250,000, paying $50,000 immediately and promising to pay the remainder within 30 days after the end of the year. Also, during the current year, Tractor Supply provides products on account for $180,000. By the end of the year, $97,000 of this amount had been received. In addition, cash payments for the year were employees' salaries, $50,000; office supplies, $10,000; and utilities $20,000, issued stock for $100,000 and borrowed $50,000 from the bank. Determine the amount of financing cash flows Tractor Supply will report in the current year. Determine the amount of operating cash flows Tractor Supply will report in the current year. Determine the amount of investing cash flows Tractor Supply will report in the current year
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