I i X Transaction data Transaction Data for 2020: $ 14,700 Acquisition of land by issuing long-term note payable 10,000 Stock dividends 19,000 Repurchase of common shares 102,000 Loss on sale of equipment 31,800 Payment of cash dividends 10,600 Issuance of long-term note 16,000 payable to borrow cash 66,000 Net income..... Collection of loan 34,200 Depreciation expense Purchase of building. . 60,000 Repayment of bonds payable by issuing common shares Purchase of long-term Issuance of common shares 60,000 for cash 36,600 Proceeds from sale of investment 45,300 equipment 58,800 19 Print Done a X i Current accounts December 31, 2020 2019 Current Accounts: Current assets: Cash and cash equivalents 80,000 $ 20,000 Accounts receivable 69,800 64,500 Inventories 88,200 81,000 1,900 3,400 Prepaid expenses Current liabilities: Accounts payable Income tax payable 58,000 55,600 18,600 16,300 Accrued liabilities 15,100 27,000 Print Done Salrose Software Inc. has assembled the following data for the year ended December 31, 2020. E (Click the icon to view the current accounts.) (Click the icon to view the transaction data.) Requirement Prepare Salruse Software Inc.'s statement of cash flows using the indirect method to report operating activities. Include an accompanying schedule of non-cash investing and financing activities. How much of the cash used for investing activitie was provided by operations? . Salrose Software Inc. Statement of Cash Flows For the Year Ended December 31, 2020 Cash flows from operating activities: Nat income 60000 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation Loss on sale of equipment Increase in accounts receivable 16000 10000 -5300 -7200 -1500 2400 2300 Increase in inventories Increase in prepaid expenses Increase in accounts payable Increase in Income tax payable Decrease in accrued liabilities Net cash provided by operating activities Cash flows from Investing activities: Purchase of building Purchase nf Inno-term investment - 11900 -66000 45300 | -66000 Cash flows from investing activities: Purchase of building Purchase of long-term investment Proceeds from sale of equipment -45300 58800 10600 Collection of loan 36600 Net cash used for investing activities Cash flows from financing activities: Issuance of common shares Issuance of long-term note payable Payment of cash dividends Repurchase of common shares 34200 19000 14700 Net cash provided by financing activities Net increase (decrease) in cash Cash balance, December 31, 2019 Cash balance, December 31, 2020 Non-cash investing and financing activities: Acquisition of land by issuing long-term note payable 102000 Cash flows from financing activities: Issuance of common shares 36600 Issuance of long-term note payable 34200 19000 Payment of cash dividends Repurchase of common shares 14700 Net cash provided by financing activities Net increase (decrease) in cash Cash balance, December 31, 2019 Cash balance, December 31, 2020 Non-cash investing and financing activities: Acquisition of land by issuing long-term note payable Repayment of bonds payable by issuing 102000 60000 common shares Total non-cash investing and financing activities How much of the cash used for investing activities was provided by operations? Operations provided $ of the cash used in the investing activities. Enter any number in the edit fields and then continue to the next