Hansen Companys comparative balance sheets as of December 31, 20-2 and 20-1, showed the following with regard to investing and financing activities:

1		20-2	20-1
2	Building	$160,000.00	$0.00
3	Equipment	70,000.00	0.00
4	Notes payable	20,000.00	30,000.00
5	Common stock at par	260,000.00	200,000.00
6	Paid-in capital in excess of par	60,000.00	40,000.00
7	Retained earnings	220,000.00	160,000.00

Net income for 20-2 was $80,000, and cash dividends of $20,000 were declared and paid. Hansen did not sell any buildings or equipment and did not incur additional debt.

Required:

Determine the amount of cash received and paid for financing and investing activities and the cash flows as they would appear on Hansens statement of cash flows for the year ended December 31, 20-2.

Amount Descriptions
Cash, December 31, 20-2
Cash, January 1, 20-2
Issued common stock
Net cash provided by financing activities
Net cashused by financing activities
Net decrease in cash
Net income
Net increase in cash
Net loss
Paid cash dividends
Paid note payable
Purchased building
Purchased equipment
Total cash provided by investing activities
Total cash used by investing activities

Determine the amount of cash received and paid for financing and investing activities and the cash flows as they would appear on Hansens statement of cash flows for the year ended December 31, 20-2.

Hansen Company

Statement of Cash Flows (Partial)

For Year Ended December 31, 20-2

1	Cash flows from investing activities:
2
3
4
5	Cash flows from financing activities:
6
7
8
9