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Eng Corporation, a private corporation reporting under ASPE, had the following transactions: Complete the table below for each of the following requirements. The first one

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Eng Corporation, a private corporation reporting under ASPE, had the following transactions: Complete the table below for each of the following requirements. The first one has been done for you as an example. (Show amounts that decrease cash flow with either a-sign eg. 15,000 or in parenthesis eg. (15,000). Do not leave any answer field blank. Enter Ofor amounts.) (a) Classify each transaction as an operating activity, investing activity, financing activity, or noncash transaction. (b) Specify whether the transaction represents a cash inflow, cash outflow, or has no effect on cash, and in what amount. If there is no effect on cash, put 0 under the (b) column. 3. Issued common shares for $50,000. 4. Collected $16,000 of accounts receivable. 5. Paid a $25,000 cash dividend. 6. Sold a long-term equity investment with a carrying value of $15,000 for $10,000. 7. Sold $200,000 worth of bonds at par. 8. Paid $18,000 on accounts payable. 9. Purchased inventory for $28,000 on account. 10. Purchased a long-term investment in bonds for $100,000. 11. Sold equipment with a carrying amount of $16,000 for $13,000. 12. Paid $12,000 interest on long-term notes payable

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