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Additional information for Year 2: 1. Net income is $270,000. 2. The company purchases $150,000 in equipment. 3. Depreciation expense is $125,000 4. The company

image text in transcribed Additional information for Year 2: 1. Net income is $270,000. 2. The company purchases $150,000 in equipment. 3. Depreciation expense is $125,000 4. The company repays $50,000 in notes payable. 5. The company declares and pays a cash dividend of $120,000. Cash flows from investing activities: a. 280000 b. 130000 c. -150000 d. 150000 e. -130000 f. -280000

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