PRINTER VERSION .BACKIC Exercise 119 A comparative balance sheet for Talkington Corporation is presented below 2017 2016 $68,000 $22,000 82,00066,000 170,000 189,000 71,000 110,000 280,000 200,000 Accumulated depreciation-equipment (74,000) (42,000) $597,000 $545,000 Accounts receivable Land Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings 34,000 $47,000 150,000 200,000 164,000 164,000 249,000 134,000 1 8 S Accounts payable Bonds payable Common stock ($1 par) Retained earnings $34,000 $47,000 150,000 200,000 164,000 164,000 249,000 134,000 $597,000 $545,000 Total Additional information: 1. Net income for 2017 was $155,000; there were no gains or losses. 3. Bonds payable of $50,000 were retired Compute each of the following: 1. Net cash provided by operating activities 2. Net cash provided (used) by investing activities s 3. Net cash provided (used) by financing activities 2 Cash dividends of $40,000 were declared and paid End dy Prtscn 8 4 5