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a. Equipment with a book value of $81,500 and an original cost of $168,000 was sold at a loss of $31,000. b. Paid $115,000 cash
a. Equipment with a book value of $81,500 and an original cost of $168,000 was sold at a loss of $31,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $315,000 for $405,000 cash, yielding a gain of $90,000. d. Stock investments were sold for $91,400 cash, yielding a gain of $15,500. Use the above information to determine cash flows from investing activities. Note: Amounts to be deducted should be indicated with a minus sign. Arundel Company disclosed the following information for its recent calendar year. Prepare the operating activities section of the statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. a. Net income was $469,000. b. Issued common stock for $75,000 cash. c. Paid cash dividend of $13,000. d. Paid $100,000 cash to settle a long-term notes payable at its $100,000 maturity value. e. Paid $119,000 cash to acquire its treasury stock. f. Purchased equipment for $86,000 cash. Use the above information to determine cash flows from financing activities. Note: Amounts to be deducted should be indicated with a minus sign
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