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Corporation X just opened business on Jan 1 2021 by a contribution in cash from its shareholders, which was entirely paid of 3,000$. X receives

Corporation X just opened business on Jan 1 2021 by a contribution in cash from its shareholders, which was entirely paid of 3,000$.

X receives a bank loan on Jan 2 - for 2,000$.

It repays by the end of the year 250$ on the bank loan.

Interest on the bank loan has accrued by year end for 10$, but it is not paid by the end of the year.

On Nov. 8 X buys merchandise, for cash, for 700$.

X sells on account all the merchandise on hand for 1,000$, on Nov. 10.

X also purchases for cash a telephone, for 500$, on Nov. 11.

X accountant depreciates the telephone by the year end for 50$.

X sells the telephone , on 30Jan 2021, for 475$, in cash.

Calculate:

  1. total cash flows from operating activities
  2. total cadh flow from financing activities
  3. total cash flow from investing activities
  4. total net cash flow
  5. payments to the suppliers
  6. the cash that appears on the Balance Sheet
  7. proceeds from capital increase
  8. the accural of interest
  9. bank loans repaid
  10. payments to suppliers of proprety, plant and equipment

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