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Cash Flow Questions. A) Issued Common Stock for 65,000 cash, B) Sold Equipment for cash 89,000, C) Net Income was 100,000 D) paid mortgage 34,000,

Cash Flow Questions.
A) Issued Common Stock for 65,000 cash, B) Sold Equipment for cash 89,000, C) Net Income was 100,000
D) paid mortgage 34,000, E) paid cash dividend 15,000, F) had gain on the sale of Equipment 10,000,
G) Depreciation expense 15,000, H) Purchased new equipment 27,000, I) Exchange 65,000 in stock for
land J) Issued Preferred stock which included PIC 45,000, K) Accounts payable increase 9,000, and L)
increase in account receivable 8,000.
4) Basis on the following information determine the statement of Cash Flow for Financing activities.
A) $ 61,000
B) $ 51,000
C) $ 32,000
D) None of the above
5) Basis on the following information determine the statement of Cash Flow for Investing activities.
A) $ 62,000
B) $ 35,000
C) $ 63,000
D) None of the above
6) Basis on the following information determine the statement of Cash Flow for Operating activities.
A) 96,000
B) 106,000
C) 99,000
D) None of the above

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