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compute the net cash flow from operating activites investing activities financing activities The balance sheet data of Alaska Company at the end of 2019 and

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compute the net cash flow from
operating activites
investing activities
financing activities
image text in transcribed
The balance sheet data of Alaska Company at the end of 2019 and 2020 follow: Additional information for 2020 : a) Net income for 2020 was $132,000. b) Depreciation expense for the year was $44,000 c) Land was acquired for $200,000 in exchange for common stock, par $200,000. d) Equipment that had cost $20,000 with accumulated depreciation of $4,000 as of disposal time was sold for $8,000 in cash. Additional equipment was purchased in cash. e) Cash dividends of $40,000 were paid during the year

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