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ABC Corporation Comparative Balance Sheet December 31,2020 2020 2012 S Assets Cash Accounts Receivables Land Equipment Accumulated Depreciation - Equipment Total Liabilities and Stockholders' Equity
ABC Corporation Comparative Balance Sheet December 31,2020 2020 2012 S Assets Cash Accounts Receivables Land Equipment Accumulated Depreciation - Equipment Total Liabilities and Stockholders' Equity Accounts Payable Common Stocks Retained Earnings Total 45,500 16,300 25,000 35,000 (4,500) $ 117,300 $ 25,000 15,000 35,000 20,000 (2,500) $ 92,500 $ $ 1,500 65,000 50.800 $ 117,300 2,500 50,000 40,000 92.500 s Additional Information: 1. Net Income for 2020 was $ 32,800 2. The company paid $ 12,000 cash for dividends 3. Equipment costing $25,000 was purchased for cash 4. Issued common stock for $15,000 cash. 5. The land was sold for S 14.000 cash Based on the above given information, complete the below operating activities section of the cash flow state dropdown list. ABC Corporation Comparative Balance Sheet December 31,2020 2020 2012 S Assets Cash Accounts Receivables Land Equipment Accumulated Depreciation - Equipment Total Liabilities and Stockholders' Equity Accounts Payable Common Stocks Retained Earnings Total 45,500 16,300 25,000 35,000 (4,500) $ 117,300 $ 25,000 15,000 35,000 20,000 (2,500) $ 92,500 $ $ 1,500 65,000 50.800 $ 117,300 2,500 50,000 40,000 92.500 s Additional Information: 1. Net Income for 2020 was $ 32,800 2. The company paid $ 12,000 cash for dividends 3. Equipment costing $25,000 was purchased for cash 4. Issued common stock for $15,000 cash. 5. The land was sold for S 14.000 cash Based on the above given information, complete the below operating activities section of the cash flow state dropdown list
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