Jacobson Manufacturing Corporation earned $94,000 in profit during 2020. Machinery was sold for $124,000 and a $34,000 loss on the sale was recorded. Machinery purchases totalled $385,000 including a July purchase for which an $140,000 promissory note was issued. Bonds were retired at their face value, and the issuance of new common shares produced an infusion of cash. Jacobsons comparative balance sheets were as follows:

Saved Help Sau $ Jacobson Manufacturing Corporation earned $94,000 in profit during 2020. Machinery was sold for $124.000 and a $34,000 loss on the sale was recorded. Machinery purchases totalled $385,000 including a July purchase for which an $140,000 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: Jacobson Manufacturing Corporation Comparative Balance Sheet Information (in thousands) December 31 Assets 2020 2019 Cash $ 179 129 Accounts receivable 271 342 Merchandise inventory 444 385 Machinery 2,100 2,010 Accumulated depreciation (340) (360) Total assets $ 2,654 $ 2,506 Liabilities and Equity Accounts payable 659 751 Notes payable 392 285 Dividends payable 62 50 Bonds payable 258 365 Common shares 894 710 Retained earnings 389 345 Total liabilities and equity $ 2,654 $ 2,506 $ S Required: (Enter amounts in thousands, as per balance sheet above. List any deduction in cash and cash outflows and loss as negative amounts.) e to search o DELL Saved 1. What was Jacobson's depreciation expense in 2020? Depreciation expense 2. What was the amount of cash flow from operating activities? Operating activities 3. What was the amount of cash flow from investing activities? Investing activities 4. What was the amount of dividends declared? paid? Dividends declared Dividends paid 5. By what amount would you expect the total inflows of cash to differ from the total outflows of c. Difference in amount 6. What was the amount of cash flow from financing activities? 6. What was the amount of cash flow from financing activities? Financing activities