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Hampton Industries had $39,000 in cash at year-end 2018 and $20,000 in cash at year-end 2019. The firm invested in property, plant, and equipment totaling
Hampton Industries had $39,000 in cash at year-end 2018 and $20,000 in cash at year-end 2019. The firm invested in property, plant, and equipment totaling $250,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$110,000. Round your answers to the nearest dollar, if necessary.
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