jacobson

Jacobson Manufacturing Corporation eamed $87,000 in profit during 2023. Machinery was sold for $117,000 and a $27,000 loss on the sale was recorded. Machinery purchases totalled $350,000 including a July purchase for which an $112,000 promissory note was issued. Bonds were retired at their face value, and the issuance of new common shares produced an infusion of cash. Jacobson's comparative balance sheets were as follows: Required: (Enter amounts in thousands, as per balance sheet above. List any deduction in cash and cash outfiows and loss as negative amounts.) 1. What was Jacobson's depreciation expense in 2023? 2. What was the amount of cash flow from operating activities? 1. What was Jacobson's depreciation expense in 2023 ? 2. What was the amount of cash flow from operating activities? 3. What was the amount of cash flow from investing activities? 4. What was the amount of dividends declared? paid? 4. What was the amount of dividends declared? paid? 5. By what amount would you expect the total inflows of cash to differ from the total outflows of cash? 6. What was the amount of cash flow from financing activities