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A . Hearts had a net income of $ 4 7 5 , 0 0 0 . The company only uses cash dividends. B .

A. Hearts had a net income of $475,000. The company only uses cash dividends.
B. Hearts bought $74,000 worth of investments and sold other investments for a gain of $8,300.
C. Hearts purchased a truck for $53,400 by paying $28,250 and financing the rest with a short term notes
payable. Hearts recorded depreciation expense on trucks for $19,650 and sold a truck for a loss of $2,925.
D. Hearts sold Equipment with an original historical cost of $747,500 and accumulated depreciation of
$293,700 for a gain of $87,300.
E. When new equipment is purchased, Hearts pays for 17% with cash and finances the remaining 83% by
issuing a long term bond payable.
F. Hearts amortization expense was $11,435. Hearts sold a patent this year for $21,360 cash Hearts had
originally bought the patent for $17,940. Hearts purchased a different patent and paid for it using 55%
cash and issuing 10% worth of Common Stock and 35% in Additional Paid in Capital Common Stock.
G. Sold land for a $209,400 cash, which generated a loss of $39,325. Hearts pays for land purchases with
cash.
H. Hearts settled $175,000 of its bond payable with cash.
Can you send all of the individual cash flows.

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