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Katies Beauty shop Inc. had the following transactions in May 2014. Depreciation expense was 79,000 Net income was 155,000 AR increased by

Katie’s Beauty shop Inc. had the following transactions in May 2014.

 Depreciation expense was 79,000

 Net income was 155,000

 AR increased by 10,000

 Inventory decreased by 25,000

 Sold a building for 800,000,

 Purchased Land for 320,000

 Prepaid rent increased by 22,500

 Sold common stock for 120,000

 Repaid a note payable for 68,900

 AP increased by 22,000

 Income tax payable decreased by 12,000

 Collected on a note receivable 75,600

 Loss on the sale of equipment was 2,000

Using the information above prepare the operating, investing and financing sections of the statement of cash flows

BONUS 3 points: Using the information above, what was the change in cash.

$798,100


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