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CASH FLOW STATEMENT. English Services had the following activity: A/R decreased by 45,000, Sold stock for cash 50,000, Inventory increased by 40,300, Bought equipment 30,000

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CASH FLOW STATEMENT. English Services had the following activity: A/R decreased by 45,000, Sold stock for cash 50,000, Inventory increased by 40,300, Bought equipment 30,000 paying 15,000 down and signing a note for the remainder, Converted Notes Payable into Stock 32,000, Beginning Cash 80,000, Net Income 17,000, Paid dividends 20,000, Redeemed bonds paying 26,000 resulting in a gain of 6,100, A/P increased by 4,000, Sold equipment for 12,000 cash. Ending Cash 100,000. What is the cash flow from Financing? Your Answer: Answer Question 13 (5 points) Kavanaugh Comany is authorized to issue 10,000 shares of 8%, $100 par value preferred stock and 500,000 shares of no-par common stock with a stated value of $1 per share. If Retro issues 4,300 shares of preferred stock for land with an value of 488,400, how much would be recorded as additional paid in capital? asking price of $550,000 and a market Your

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