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GolfGear & More, Incorporated is a regional and online golf equipment retailer. The company reported the following for the current year: Purchased a long-term investment

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GolfGear \& More, Incorporated is a regional and online golf equipment retailer. The company reported the following for the current year: Purchased a long-term investment for cash, $18,600 Paid cash dividend, $12,600 Sold equipment for $9,000 cash (cost, $27,000, accumulated depreciation, $18,000 ) Issued shares of no-par stock, 500 shares at $14 per share cash. Net income was $23,200. Depreciation expense was $3,600. Its comparative balance sheet is presented below Complete a T-account worksheet. Complete this question by entering your answers in the tabs below. Based on the T-account worksheet, prepare the statement of cash flows for the current year. Note: List cash outflows as negative amounts. Cash flows from investing activities: Cash flows from financing activities: \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}

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