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Cash Accounts Receivable Inventory Prepaid Expenses Land Equipment Accum Depreciation- Equipment 2015 40,000 77,000 132,000 2.140 125,000 450,000 (135,000) $701 140 2014 $57,000 64,000 140,000

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Cash Accounts Receivable Inventory Prepaid Expenses Land Equipment Accum Depreciation- Equipment 2015 40,000 77,000 132,000 2.140 125,000 450,000 (135,000) $701 140 2014 $57,000 64,000 140,000 16,540 150,000 425,000 32.000) $760.540 Total Assets Accounts Payable Bonds Payable Common Stock: $1 par Additional Paid in Capital Retained Earnings $33,000 235,000 220,000 50,000 163 140 $701.140 $45,000 265,000 210,000 40,000 200.540 760.540 Total Liabilities & Equity Additional Information 1. Net income for 2015 was $26,890 2 Land was sold for cash at a loss of $2000 3. Cash dividends were paid during the year 4. Equipment was purchased for cash. In addition, pquipment costing $40,000 with a book value of $13,000 was sold for $14,000 cash What is the cash Sow from operating activities for 20152 A S85.290 O B $86.29o C. $108,290 O D $84 290 E $58.290

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