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Handout #2 I STATEMENT OF CASH FLOW The following 2021 information relates to Marutzky, Inc. Net Income 365,000 Depreciation Expense 96,000 Amortization of Intangible
Handout #2 I STATEMENT OF CASH FLOW The following 2021 information relates to Marutzky, Inc. Net Income 365,000 Depreciation Expense 96,000 Amortization of Intangible Assets 11,000 Beginning Accounts Receivable 420,000 Ending Accounts Receivable 439,000 Beginning Inventory Ending Inventory $16,000 560,000 Beginning Prepaid Expense 48,000 Ending Prepaid Expense 42,000 Beginning Accounts Payable 119,000 Ending Accounts Payable 146,000 Purchase of Long Term Assets for Cash 616,000 Cash from Issuance of Long Term Debt 200,000 Issuance of Stock for Cash 160,000 Issuance of Stock for Long Term Assets 110,000 Purchase of Treasury Stock 64,000 Sale of Long Term Investment at Cost 39,000 (A) Calculate the net cash flows from Operating Activities (B) Calculate the net cash flows from Investing Activities (C) Calculate the net ash flows from Financing Activities (D) Calculate the net change in cash Week 3,
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