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Additional data obtained from an examination of the accounts in the ledger for ( 20 mathrm{Y} 6 ) are as follows: a. Equipment and land

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Additional data obtained from an examination of the accounts in the ledger for \\( 20 \\mathrm{Y} 6 \\) are as follows: a. Equipment and land were acquired for cash. b. There were no disposals of equipment during the year. c. The investments were sold for \\( \\$ 176,000 \\) cash. d. The common stock was issued for cash. e. There was a \\( \\$ 28,000 \\) debit to Retained Earnings for cash dividends declared. Labels and Amount Descriptions Labels and Amount Descriptions Cash paid for dividends Cash paid for purchase of equipment Cash paid for purchase of land Cash paid for purchase of treasury stock Cash payments for income taxes Cash payments for merchandise Cash payments for operating expenses Cash received from customers Cash received from sale of common stock Cash received from sale of investments December 31, 20 Y 6 Depreciation For the Year Ended December 31, 20 Y 6 Gain on sale of investments Issuance of common stock for acquisition of land Issuance of common slock for purchase of equipment Loss on sale of investments Net cash flow from financing activities Net cash flow from investing activities Net cash flow from operating activities Net cash flow used for financing activities Net cash flow used for investing activities Net cash flow used for operating activities Net decrease in cash Net increase in cash Canace Products inc. Statement of Cash Flows December 31, \\( 20 \\mathrm{Y} 6 \\) 1 Cash flows from (used for) operating activities: \\begin{tabular}{l|l} \\hline 2 & \\\\ \\hline 3 & \\\\ \\hline 4 & \\\\ 3 & \\\\ \\hline & \\\\ \\hline & Cash fows from (used for) investing activities: \\\\ \\hline \\end{tabular} 4 20 12 13. 14. Cash flows from (used for) financing activities: is 16 17 11 1) Cash balance, January 1, 20Y6 20 Cash balance, December 31,20r6

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