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MechTech Incorporated started the year with $120,400 cash and reported net cash provided by operating activities of $242,500 , cash paid for dividends of $50,200

MechTech Incorporated started the year with

$120,400

cash and reported net cash provided by operating activities of

$242,500

, cash paid for dividends of

$50,200

, cash received from stock issuance of

$47,000

, cash paid for equipment purchases of

$158,500

, cash paid for intangible assets of

$125,500

, and cash paid on bank loan of

$43,500

.\ Required:\ Calculate the following:\ Net cash provided by (used in) investing activities.\ Net cash provided by (used in) financing activities.\ Ending cash.\ Complete this question by entering your answers in the tabs below.\ Required 1\ Required 2\ Required 3\ Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.)\ \\\\table[[Investing Activities,Amount],[Cash paid for equipment purchases,

(158,500)
image text in transcribed
MechTech Incorporated started the year with $120,400 cash and reported net cash provided by operating activities of $242,500, cash paid for dividends of $50,200, cash received from stock issuance of $47,000, cash paid for equipment purchases of $158,500, cash paid for intangible assets of $125,500, and cash paid on bank loan of $43,500. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. Complete this question by entering your answers in the tabs below. Calculate net cash provided by (used in) investing activities. (Amounts to be deducted should be indicated with a minus sign.)

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