\begin{tabular}{lrr} Accounts payable & $65,200 & $52,500 \\ Accrued expenses & 15,200 & 17,900 \\ Notes payable-bank, long-term & 29,700 & 22,900 \\ Bonds payable & 189,800 & 160,700 \\ Common stock, $10 par & 5,440 & 3,400 \\ \hline Retained earnings & $305,340 & $257,400 \end{tabular} \begin{tabular}{|c|c|c|} \hline Cash & $30,100 & $34,700 \\ \hline Accounts receivable (net) & 54,800 & 45,000 \\ \hline Inventory & 64,600 & 44,800 \\ \hline Prepaid expenses & 15,000 & 24,900 \\ \hline Equipment & 89,300 & 75,800 \\ \hline Accumulated depreciation-equipment & (17,860) & (8,100) \\ \hline \multirow[t]{2}{*}{ Land } & 69,400 & 40,300 \\ \hline & $305,340 & $257,400 \\ \hline \end{tabular} Land was acquired for $29,100 in exchange for common stock, par $29,100, during the year; all equipment purchased was for cash. Equipment costing $13,100 was sold for $3,000; book value of the equipment was $6,100. Cash dividends of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - signe.g. 12,000 or in parenthesis e.g. (12,000).) a. Net Cash by operating activities. \$ b. Net Cash by investing activities. $ c. Net Cash by financing activities. \$ Total Debits Total Credits ASSETS BALANCE SHEET LIABILITIES Download Print Open with docReader Alternative formats