Financial Accounting: Answer the follwoing questions(part2)

Source Today earned net income of $70,000 after deducting depreciation of $5,000 and all other expenses. Current assets decreased by $4,000, and current liabilities increased by $8,000. How much was Source Today's cash provided by operating activities (indirect method)? Mountain Water, Corp. issued common stock of $28,000 to pay off long-term notes payable of $28,000. In what section(s) would these transactions be recorded? Financing activities payment of note, $(28,000) Financing activities cash receipt, $28,000 Non-cash investing and financing activities, $28,000 Both a and b are correct. Which of the following sections of the statement of cash flows includes activities that increase and decrease long - term assets? the investing section the financing section the operating section the non - cash investing and financing section Avatar Auto Parts Company uses the indirect method to prepare the statement of cash flows. Refer to the following section of the comparative balance sheet: Avatar Company Comparative Balance Sheet December 31, 2014 and 2013 How will the change in Accounts Payable be shown on the statement of cash flows? as a deduction from Net Income as an addition to operating cash flows as a deduction from investing cash flows as an addition to Net Income Rodriguez Tint Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Rodriguez Inc. Comparative Balance Sheet December 31, 2014 and 2013 Additional information provided by the company includes the following: Equipment costing $65,000 was purchased for cash. Equipment with a cost of S32,000 and accumulated depreciation of $7,000 was sold for $45,000. What was the amount of net cash provided by (used for) investing activities