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Highland Mandacturing purchased a new piece of equipment costing $65,000 Highland paid $15,000 cash down and signed a long-term note for the remainder. What types
Highland Mandacturing purchased a new piece of equipment costing $65,000 Highland paid $15,000 cash down and signed a long-term note for the remainder. What types of activities joperating, financing, or investing) are represented by this transaction? How would this transaction be reported in Highland Manufacturing's statement of cash flows? Complete The table below to show how this transaction would be reported in Highland Manufacturing's statement of cash flows andor its accompanying schedule of noncash investing and financing activites (use a minus sign or parentheses to show a cash oufow the transaction does not affect a particular section of the statement, leave the cel plank. Do not enter a " for any ze balances) Operating Cash info (fo)
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