Banana Corp. Post Closing Trial Balance December 31st, 2030 2030 2029 unts Receivable $350,000 450,000 350,000 500,000 $100,000 300,000 200,000 :handise Inventory oment 700,000 imulated Depreciation 100,000 80,000 -Term Investments 50,000 100,000 unts Payable 10,000 150,000 s Payable 50,000 is Payable 0 160,000 800,000 630,000 mon Shares 750,000 370,000 ined Earnings Additional Information: 1. The company sold equipment for $180,000 which had originally cost $200,000 and had accumulated depreciation of $30,000. 2. The company issued 25,000 shares at $2.00 per share. 3. The company issued bonds during the year for a total of $160,000 4. There was no gain or loss on the sale of long term investments for $50,000 5. Net Income for 2030 was $300,000. REQUIRED: Based on preparing a Statement of Cash Flows using the indirect method for Banana Corp. for 2020 answer each of the following questions. Question 23 Not yet answered Marked out of 1.00 P Flag question What is the Cash inflows (cash outflows) from Investing Activities? Answer: What were the amount of Dividends paid in 2030? Answer: Question 25 Not yet answered Marked out of 1.00 p Flag question What is the Cash Flow from Financing Activities? Answer: Cash $350,000 Accounts Receivable 450,000 Merchandise Inventory Equipment $100,000 300,000 200,000 700,000 80,000 100,000 150,000 50,000 350,000 500,000 100,000 50,000 10,000 Accumulated Depreciation Long-Term Investments Accounts Payable Taxes Payable Bonds Payable Common Shares 160,000 800,000 630,000 750,000 370,000 Retained Earnings