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Styles LES Q2: Put the correct answer in the blank (10 marks) 1. During 2019, Greta Company earned net income of 192,000 which included depreciation expense of 39,000. In addition, the Company experienced the following changes in the account balances listed below: Decreases Accounts receivable...... 6,000 Prepaid expenses........... 16,500 Accrued liabilities. Increases Accounts payable.....22,500 Inventory. ...... 18,000 ... 12,000 Based upon this information what amount will be shown for net cash provided by operating activities for 2019.. Use the following information for questions 2 and 3. Amman Company provided the following information on selected transactions during 2019: Dividends paid to preferenceshareholders 150.000 Loans made to affiliated corporations 750,000 Proceeds from issuing bonds 900.000 Proceeds from issuing preference shares 1,050,000 Proceeds from sale of equipment 450,000 Purchases of inventories 1,200.000 Purchase of land by issuing bonds 300.000 Purchases of treasury shares 600.000 2. The net cash provided (used) by investing activities during 2019 is 3. The net cash provided (used) by financing activities during 2019 4. At 31/12/2018 Istiklal Company had an inventory cost of JD 15,000.50% of which was contracted to sell to third parties at a price of JD 8000, while the rest was net realizable value of JD 6500. The value at which the inventory will appear in the Statement of financial position on 31/12/2018 (net) is: JD 5. Ending inventory appears in west company on Dec 31, 2018 as follows: Cost Net realizable value 11000 38000 Raw matenals Finished goods 14000 32000 The ending inventory shall presented in statement of financial postion on Dec 31 2018 at JD 6. On 1/1/2016, Al Sa'ada purchased equipment for JD 15,000 with an estimated useful life at the time of purchase of 6 years. On 1/1/2018,new information available regarding the machine that was not previously available, it was estimated that the equipment was reassessed to 5 years instead of 6 years. The residual value was also reassessedto JD 2,000. The depreciation charge for the year 2018 which will appear in the income statement is 7-On December 25, 2018, Ramla purchased goods and paid the following amounts: The purchase price deferred for 10 months$ 48000 | Note: the cash purchase price $ 40,000 shipping costs of goods $ 4000 advertisements in newspapers about the arrival of the goods $ 1000 As of 31/12/2018, it was found that 40% of the goods are still on hand by the company. The cost of the inventory that will appear in the company's statement of financial position on 31/12/2018 is 1 8. On December 31, 2019Dean Company changed its method of accounting for inventory from the average cost method to the FIFO method. This change caused the 2019 beginning inventory to increase by $420,000. The cumulative effect of this accounting change to be reported for the year ended 12/31/19, assuming a 40% tax rate is