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Can someone please help? It had been answered but it would never load question #54 Investing Activity section of Statement of Cash Flows. Use the
Can someone please help? It had been answered but it would never load question #54 Investing Activity section of Statement of Cash Flows. Use the following Information to prepare the net cash provided or used by investing activities section of the Statement of Cash Flows using the Indirect Method Indicate sources with a "*" and uses with In order to receive credit $137,000 cash (b) Paid $59,000 cash for a new truck (0) Equipment with a book value of $125,000 (original cost of $220,000 and accymulated depreciation of $95,000) was soles at a gain of $12,000, for c) Sold land costing $30,000 for $26.000 cash, realizing a $4,000 loss. (d) Issued common stock for $53,000 cash (e) Long-term investments in stock are sold for $21,000 cash, realizing a gain of $3,500 in Depletion Expense of $20,000
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