File Home Insert Share Comments Design Layout References Mailings Review View Help Grammarly . . . . . . . . . . 2 . 3 . . The balance sheet data of Cheyenne Company at the end of 2017 and 2016 are shown below. 4 . 5 6 . : 1 : : 1 Cash Accounts receivable (net) Inventory Prepaid expenses Equipment Accumulated depreciation-equipment Land 2017 $30,300 55,300 64,700 15,200 89,700 (17,940 ) 70,400 $307,660 2016 $34,700 44,800 45,300 25,100 74,500 (8,000) 39,900 $256,300 : : $65,600 15,200 $51,600 18,000 22,800 Accounts payable Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings : -0- 30,000 189,900 6,960 $307,660 159,400 4,500 $256,300 : . 3 Land was acquired for $30,500 in exchange for common stock, par $30,500, during the year; all equipment purchased was for cash. Equipment costing $12,900 was sold for $2,900; book value of the equipment was $6,100. Cash dividends of $10,000 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 (b) Net Cash (0) Net cash by operating activities. $ by investing activities. $[ by financing activities. $ . 4 . Page 1 of 1 words D Focus -- + + 160% 10:39 PM Ax* 319 4/18/20203 Type here to search