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Jacobson Manufacturing Corporation earned 82,000 in profit during 2020. Machinery was sold for 112,000 and a 20,000 loss on the sale was recorded. Machinery purchases

Jacobson Manufacturing Corporation earned 82,000 in profit during 2020. Machinery was sold for 112,000 and a 20,000 loss on the sale was recorded. Machinery purchases totalled 325,000 including a july purchase for which an 92,000 promissory note was issued. Bonds were retired at their face value, and the issuance of new common share produced an infusion of cash. Jacobsons comparative balance sheets as follows:
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A)What was Jacobsons deprecation expense in 2020?
B)What was the amount of cash flow from operating activities?
C)What was the amount of cash flow from investing activities?
D)What was the amount of dividends declared and Paid?
E)By what amount would you expect the total inflows of cash to differ from the total outflows of cash?
F)What was the amount of Cash flow from finanacing activties?
Jacobson Manufacturing Corporation Comparative Balance Sheet Information (in thousands) December 31 Assets 2020 2019 Cash $ 119 $ 93 Accounts receivable 211 246 Merchandise inventory 348 325 Machinery 1,500 1,412 Accumulated depreciation (220) (240) Total assets $ 1,958 $ 1,834 Liabilities and Equity Accounts payable $ 325 1379 Notes payable 296 225 38 Dividends payable 26 Bonds payable 234 329 Common shares 736 590 329 285 Retained earnings Total liabilities and equity $ 1,958 $ 1,834

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