Question
Indicate the total net cashflow (Inflow-Outflow) from above for each classification: Operating Investing Financing Label each transaction as an Operating Activity, Investing activity, or Financing
Indicate the total net cashflow (Inflow-Outflow) from above for each classification: Operating Investing Financing
Label each transaction as an Operating Activity, Investing activity, or Financing Activity and if it is an inflow or (Outflow). Drake issued 10,000 shares Of cornmon stock for $40,000 Drake collected $80,000 from customers on Accounts Receivables Drake Paid $5,000 in interest payments on their bonds Drake purchased a newcopy machine and paid cash Of $35,000 4. Drake sold their Old copy machine for $2,000 cash Drake paid a $4,500 dividend to shareholders Drake borrowed $40,000 cash from the bank on December 28,2019 (payments begin 1/28/20) Drake purchased a patent for $15,000 cash . Drake paid $65,000 cash in wages during 2019 10. Drake paid 2018 taxes due in the amount Of $10,500 on April 15, 2019 Indicate the total net cashflow (Inflow-Outflow) from above for each classification: Operating I nvesting Financing
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