AP-3A LO The net income for the year ended on December 31 the year is provided below. for the year ended on December 31, 2018 for RC Corporation was $120.000. Addia Loss on retirement of debt Purchase of property, plant and equipment Depreciation of property, plant and equipment Dividends declared Decrease in accounts receivable Loss on sale of equipment Issue of common stock in excess of par value $20,000 280,000 14,000 50,000 29,000 13,000 10,000 The Statement of Cash Flows Calculate the net cash provided (used) by operating activities using the indirect method. Chapter 19 The Statement of Cash Chapter 19 AP-6A LO 2 Mellon Incorporated had a net income for 2018 of $320,000. Included on the income statement was a loss on sale of equipment for $5,000, a gain on sale of investments for $15.000, depreciation of $8,000, loss on retirement of debt of $10,000 and interest of $3.000. Calculate the net cash provided (used) by operating activities using the indirect metho Assume that the balances of current assets (except cash) and current liabilities remain the same as last year. Analysis Does net income, after being adjusted by the noncash items on the income statement, represent the actual amount of cash received through operating activities by the company during the year? AP-7A LO 2 The following information pertains to Tree Company for the fiscal year 2018. Purchase of plant and equipment Purchase of long-term investments Increase in accounts receivable Repayment of bonds payable Depreciation of plant and equipment $35,000 $19,000 $7,100 $12,000 $10,000 Calculate the net cash provided (used) by investing activities