{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-06T09:20:15-04:00", "answer_date": "2024-06-06 09:20:15", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2355577", "url": "\/study-help\/questions\/cash-receipts-sale-of-common-stock-sale-of-equipment-at-2355577", "question_creation_date_js": "2024-06-06T09:20:15-04:00", "question_creation_date": "Jun 06, 2024 09:20 AM", "meta_title": "[Solved] Cash receipts: Sale of common stock Sale | SolutionInn", "meta_description": "Answer of - Cash receipts: Sale of common stock Sale of equipment (at $34,000 loss) Sale of land (at $50,000 gain) Cash payments: | SolutionInn", "meta_keywords": "cash,receipts,sale,common,stock,equipment,$34,000,loss,land,$50,000,gain,payments", "question_title_h1": "Cash receipts: Sale of common stock Sale of equipment (at $34,000 loss) Sale of land (at $50,000 gain) Cash payments: Purchase of equipment Purchase of", "question_title": "Cash receipts: Sale of common stock Sale of equipment (at $34,000 loss)", "question_title_for_js_snippet": "Cash receipts Sale of common stock Sale of equipment (at $34,000 loss) Sale of land (at $50,000 gain) Cash payments Purchase of equipment Purchase of treasury stock Retirement of debt Dividends on preferred and common stock $250,000 156,000 160,000 $ 178,000 45,000 36,500 75,000 a Calculate the net amount of cash provided by or used for investing activities for the year b What impact, if any, do the following facts have on your calculation (1) Equipment was sold at a $34,000 loss, and (2) land was sold at a $50,000 gain C Briefly explain your decision to exclude any of the items listed if they were not included in your calculation in part a", "question_description": "\"image Cash receipts: Sale of common stock Sale of equipment (at $34,000 loss) Sale of land (at $50,000 gain) Cash payments: Purchase of equipment Purchase of treasury stock Retirement of debt ... Dividends on preferred and common stock $250,000 156,000 160,000 $ 178,000 45,000 36,500 75,000 a. Calculate the net amount of cash provided by or used for investing activities for the year. b. What impact, if any, do the following facts have on your calculation? (1) Equipment was sold at a $34,000 loss, and (2) land was sold at a $50,000 gain. C. Briefly explain your decision to exclude any of the items listed if they were not included in your calculation in part a", "transcribed_text": "", "related_book": { "title": "Accounting Principles", "isbn": "978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475", "edition": "9th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/47.jpg", "uri": "\/textbooks\/accounting-principles-9th-edition-47", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8857110515", "uri": "\/textbooks\/toeic-words-master-1500-words-3x-times-faster-intermediate-and-advanced-words-1st-edition-979-8857110515-336056", "name": "TOEIC Words Master 1500 Words 3x Times Faster Intermediate And Advanced Words", "edition": "1st Edition" }, "question_posted": "2024-06-06 09:20:15", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-22", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-is-professionalism", "description": "What is professionalism?", "stars": 3 }, { "url": "\/study-help\/introductory-financial-accounting\/madison-co-reports-the-following-financial-data-for-the-current-1435898", "description": "Madison Co. reports the following financial data for the current year: Compute Madison's free cash flow. 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