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it is one question please help!! Question Completion Status: Track Inc Balance Sheets December 31 Assets 2019 2018 Current Assets: Cash $187.000 Accounts receivable $340,000
it is one question please help!!
Question Completion Status: Track Inc Balance Sheets December 31 Assets 2019 2018 Current Assets: Cash $187.000 Accounts receivable $340,000 83,000 121,000 95,000 138,000 Inventory Prepaid rent 7,000 5.000 Long-Term Assets: Investment in stock 126,000 100.000 Land 230,000 260.000 225,000 Equipment Accumulated depreciation Total Assets Liabilities and Stockholders' Equity 285.000 -140,000 $1.052.000 - 100.000 5910,000 20200805_171506 O TI a a Land 260,000 230,000 285.000 225,000 -140,000 -100,000 $1,052,000 $910,000 $40,000 $58,000 Equipment Accumulated depreciation Total Assets Liabilities and Stockholders' Equity Current Liabilities: Accounts payable Interest payable Income tax payable Long-Term Liabilities: Notes payable Stockholders' Equity Common stock Retained earnings Total Liabilities and Equity 2,000 1,000 12,000 10.000 265,000 205,000 400,000 350.000 334.000 285.000 $1,052,000 5910,000 Additional information for 2019 . 2020080517150629 Additional information for 2019: 1. Purchase additional investment in stocks for $26.000. 2. Sell land costing $30,000 for $34,000 resulting in a $4.000 gain on sale of land. 3. Issue common stock in exchange for cash 550,000 4. Declared and paid a cash dividend of $35.000. 5. Purchase 560,000 in equipment by borrowing 560,000 with a note payable due in three years. No cash is exchanged in the transaction. What is the cash flows from operating activities? What is the cash flows from investing activities? What is the cash flows from financing activities? What is the cash flows from non-cash activities? Click Submit to complete this assessment. Questions 2020080515089 O 99 HP a 2Step by Step Solution
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