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kindly, slove question 8 both part 1and 2 QUESTIONS Problem 3: This question consists of 2 parts (Land II) Part 1 Jedi Company reported net

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QUESTIONS Problem 3: This question consists of 2 parts (Land II) Part 1 Jedi Company reported net income of $160,000 for the current year. Depreciation recorded on buildings and equipment amounted to $80,000 for the year. Balances of the current asset and current liability accounts at the beginning and end of the year are as follows Prepaid expenses Inventories Accounts receivable Cash Accounts payable Salaries payable End of Year Beginning of Year $9.500 $5,000 55,000 65,000 24,000 32,000 150 12.000 18,000 1,200 1,600 Instructions: a. Prepare only the cash flows from the operating activities section of the statement of cash flows. b. Briefly state what is the purpose of the statement of cash flows? What information does it provide? Part II: transactions during 2019: Part II: Sentaro Inc. provided the following information for selected transactions during 2019: Purchase of land by issuing bonds $250,000 Proceeds from issuing bonds 500,000 Purchases of inventory 950.000 Purchases of treasury shares 150,000 Loans made to affiliat 350.000 Dividends paid to preference shareholders Proceeds from issuing preference share 400.000 Proceeds from sale of equipment 50.000 Instructions: a. Calculate the net cash provided (used) by investing activities during 2019. b. Calculate the net cash provided (used) by financing activities during 2019

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