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Additional data: 1. Equipment that cost $9,900 and was 60% depreciated was sold in 2020. 2. Cash dividends were declared and paid during the year.
Additional data: 1. Equipment that cost $9,900 and was 60% depreciated was sold in 2020. 2. Cash dividends were declared and paid during the year. 3. Common stock was issued in exchange for land. 4. Inwestments that cost $35,200 were sold during the year. 5. There were no write-offs af uncollectible accounts during the year. (a) Compute net cash pravided by aperating activities under the direct method. (Enter negotive amounts using either a neggative sign preceding the number eg. 45 or parentheser eg. (45). [b] Prepare a statement of cash flows using the indirect method. (Show amounts that decrease cash flow with either a - sign egg, - 15,000 or in parenthesiseg. (15.0000
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