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Cash dividends of $123,000 were declared and paid during 2019 . During 2019 , Land with a book value of $39,000 was sold for $64,000
Cash dividends of
$123,000
were declared and paid during 2019 . During 2019 , Land with a book value of
$39,000
was sold for
$64,000
in cash. Plant assets were purchased for cash and bonds payable were issued for cash. Bond interest is paid semi-annually on June 30 and December 31. The firm also repurchased some of its common stock for cash. Accounts payable relate to merchandise purchases.\ Compute the net cash flows from operating activities. (Indicate a decrease in cash with a negative number.)\ A
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