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General Expenses 2,000 Depreciation Expense 3330 Loss on Sale ofPPE 100 Income Tax Expense 700 Total Expenses 9:130 Net Income 870 Additional Information: at Equipment with a (net) book value of $300 was sold during ZOXZA b. All accounts payable relate to inventory purchases 0. Equipment costing $160 was purchased with a mortgage during 20x2. This fact is already reected in the balance sheet numbers reported above. All other purchases of Equipment in 20x2 were cash transactions. Compute the to_ta| CASH FROM INVESTING ACTIVITIES in 20x2 A net inow of $300 KAY net outow of $343 net outow of $305 net outow of $354 net outow of $394 net inow of $55 net outow of $554 net outow of $105 Below are balance sheet and income statement data for Howard Bannister Company Note: For the balance sheet data, the end-of- y information is in the left column. Balance Sheet Data 20X2 20X1 Accounts Payable 165 95 Accumulated Depreciation 520 339 Cash 200 100 Common Stock 1,000 700 DIVIDENDS PAYABLE 40 25 Equipment 2,700 2,395 Income Tax Payable 100 135 Inventory 1,120 390 Mortgage Payable 900 1,265 Prepaid General Expenses 300 350 Retained Earnings (ending balance, after closing) 1,545 1,098 Unearned Sales Revenue 50 78 Income Statement Data (for 202(2) Sales 10,000 Cost of Goods Sold 6,000 General Expenses 2,000