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Kindly, solve both questions 1 and 2 QUESTION 1 The following data are available for XYZ Corporation: Sale of land $400,000 Sale of equipment 200,000

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QUESTION 1 The following data are available for XYZ Corporation: Sale of land $400,000 Sale of equipment 200,000 Issuance of ordinary shares 990.000 Purchase of equipment 120,000 Payment of cash dividends 240,000 What is the amount for Net cash provided (used) by investing activities? a. $600,000 b. $520,000. c. $760,000. d. $480,000 Click Save and Submit to save and submit. Click Save All Answers to save all answer QUESTION 2 The current assets section of the statement of financial position should include: a. patents b. goodwill C machinery inventory d. Click Save and Submit to save and submit. Click Save All Answers to save all answers

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