Question
IUSF Marketing Z... GPS D Question 27 1 pts 2019 2020 2019 Cash $2,800 $4,700 Accounts payable $4,81 Accounts receivable $2,500 $2,900 Utilities payable $2,0
IUSF Marketing Z... GPS D Question 27 1 pts 2019 2020 2019 Cash $2,800 $4,700 Accounts payable $4,81 Accounts receivable $2,500 $2,900 Utilities payable $2,0 Inventory $5,600 $8,100 Salaries payable $21 Prepaid insurance $1,500 $2,000 Notes payable $29,00 Equipment $45,000 $45,000 Interest payable $1,90 Accum. depreciation ($15,500) ($16,200) Common stock $12,0 Land $16,000 $15,000 $57,900 $61,500 Retained earnings $8.0 $57,9 What were investing cash flows during 2020 if one plot of land (that had been purchased in a prior year for $7,000) was sold this year for $4,000? $1,000 ($1,000) ($2,000) ($6,000) O None of the above)
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