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Jacobson Manufacturing Corporation earned $98,000 in profit during 2020 , Machinery was sold for $128,000 and a $38,000 loss on the sale was recorded, Machinery

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Jacobson Manufacturing Corporation earned $98,000 in profit during 2020 , Machinery was sold for $128,000 and a $38,000 loss on the sale was recorded, Machinery purchases fotalled $405,000 including a July purchase for which an 5156,000 peomissery note was issued Bonds were retired at theif 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 clsh outhlows and loss as negntive amounts.) 1. What was 3 3cobson's depreciation expense in 2020? ? 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

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