Exercise 23-16

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The balance sheet data of Buffalo Company at the end of 2020 and 2019 are shown below.

		2020			2019
Cash		$29,800			$35,200
Accounts receivable (net)		55,000			44,600
Inventory		64,300			44,800
Prepaid expenses		15,200			24,800
Equipment		90,000			75,800
Accumulated depreciationequipment		(18,000	)		(8,100	)
Land		69,800			39,600
		$306,100			$256,700
Accounts payable		$65,400			$52,400
Accrued expenses		14,900			17,900
Notes payablebank, long-term		0			23,100
Bonds payable		30,000			0
Common stock, $10 par		187,100			156,900
Retained earnings		8,700			6,400
		$306,100			$256,700

Land was acquired for $30,200 in exchange for common stock, par $30,200, during the year; all equipment purchased was for cash. Equipment costing $13,000 was sold for $3,100; book value of the equipment was $5,900. Cash dividends of $9,900 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. -12,000 or in parenthesis e.g. (12,000).)

(a)		Net Cash usedprovided by operating activities.		$
(b)		Net Cash usedprovided by investing activities.		$
(c)		Net Cash providedused by financing activities.		$