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Investing and Financing Cash Flows The following information was obtained from Melville Company's comparative balance sheet. Assume that Melville Company's income statement showed depreciation expense

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Investing and Financing Cash Flows The following information was obtained from Melville Company's comparative balance sheet. Assume that Melville Company's income statement showed depreciation expense of $10,000, a gain on sale of investments of $7,000, and a net income of $60,000. paid cash dividends. What items and amounts will appear in (a) the cash flow from investing activities and (b) the cash flow from financing activities sections of a statement of cash flows? Use a negative sign with cash outflow answers. Assume that Melville Company's income statement showed depreciation expense of $10,000, a gain on sale of investments of $7,000, and a net income of $60,000. oaid cash dividends. What items and amounts will appear in (a) the cash flow from investing activities and (b) the cash flow from financing activities sections of a statement of cash flows? Use a negative sign with cash outflow answers

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