An analysis of the income acest and the balance sheet of Hampton. loc., a December 31 of the current year, provides the following information L013-4 PROBLEM 13.2A Reporting Investing Activities 606 Income statements Gein on Sale of Male Secure $42.000 Loss on Sales of Plant Assets 33.000 Analysis of balance sheet account Marketable Securities Debit entries $ 75.000 Credits 90.000 Not Receivable account Debiteres 210.000 Credits 162.000 Plant and Equipment counts Debit entre totes 196.000 Credits to plan cours 120.000 Det enesten 75.000 Additional Information 1. Esempested in 4 payments and proceeding to investing actions were made 2. The marketable curities are che 1. All notes movie watch made to home to received from customers 4. Purchase of new equipment during the year $19.000) were financed by paying 10.000 in carb and linga kongamete posible for $135.000 5. Debit to the remoted depicts are made wheneve depreciable plant assets are read. The book of red daring the year was 545,000 ($120,000 - 575.000 Instructions . Prepare the investing activities woment of cash flows Show supporting compe tations for the amounts of (t) proceeds from sales of marketable securities and (2) proceeds from sales of plate Paelad der representing cash outons Prepare the supporting sedule that company the statement of cash flow in onder to disclose the chapects of the company's mesting and financing activities Assume that Hampto management expects approximately the same amount of cab to be used for investing activities mest you to general, explain how the company might le cash for this purpose An analysis of the income acest and the balance sheet of Hampton. loc., a December 31 of the current year, provides the following information L013-4 PROBLEM 13.2A Reporting Investing Activities 606 Income statements Gein on Sale of Male Secure $42.000 Loss on Sales of Plant Assets 33.000 Analysis of balance sheet account Marketable Securities Debit entries $ 75.000 Credits 90.000 Not Receivable account Debiteres 210.000 Credits 162.000 Plant and Equipment counts Debit entre totes 196.000 Credits to plan cours 120.000 Det enesten 75.000 Additional Information 1. Esempested in 4 payments and proceeding to investing actions were made 2. The marketable curities are che 1. All notes movie watch made to home to received from customers 4. Purchase of new equipment during the year $19.000) were financed by paying 10.000 in carb and linga kongamete posible for $135.000 5. Debit to the remoted depicts are made wheneve depreciable plant assets are read. The book of red daring the year was 545,000 ($120,000 - 575.000 Instructions . Prepare the investing activities woment of cash flows Show supporting compe tations for the amounts of (t) proceeds from sales of marketable securities and (2) proceeds from sales of plate Paelad der representing cash outons Prepare the supporting sedule that company the statement of cash flow in onder to disclose the chapects of the company's mesting and financing activities Assume that Hampto management expects approximately the same amount of cab to be used for investing activities mest you to general, explain how the company might le cash for this purpose
