Hager Company sold some of its plant assets during 2018. The original cost of the plant assets was $900,000 and the accumulated depreciation at date of sale was $840,000. The proceeds from the sale of the plant assets were $90,000. The information concerning the sale of the plant assets should be shown on Hager's statement of cash flows (indirect method) for the year ended December 31, 2018, as a(n)

12. Subtraction from net income of $??

13. A $________ increase in cash flows from investing activities

Lindsay Corporation had net income for 2018 of $3,000,000. Additional information is as follows:

Depreciation of plant assets $1,200,000

Amortization of intangibles 240,000

Increase in accounts receivable 420,000

Increase in accounts payable 540,000

14. Lindsay's net cash provided by operating activities for 2018 was $??

During 2018, Orton Company earned net income of $494,000 which included depreciation expense of $78,000. In addition, the company experienced the following changes in the account balances listed below:

Increases Decreases

Accounts payable $45,000 Accounts receivable $12,000

Inventory 36,000 Accrued liabilities 24,000

Prepaid insurance 33,000

15. Based upon this information what amount will be shown for net cash provided by operating activities for 2018?

In preparing Titan Inc.'s statement of cash flows for the year ended December 31, 2018,

the following amounts were available:

Collect note receivable $615,000

Issue bonds payable 639,000

Purchase treasury stock 300,000

16. What amount should be reported on Titan, Inc.'s statement of cash flows for investing activities?

In preparing Titan Inc.'s statement of cash flows for the year ended December 31, 2018, the following amounts were available:

Collect note receivable $615,000

Issue bonds payable 639,000

Purchase treasury stock 300,000