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Probdem 3 s 85 points) PUT YOUR ANSWERS IN THE ANSWER BOOKLET Increases and Decreases represent Given only, the following information, answer the questions below

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Probdem 3 s 85 points) PUT YOUR ANSWERS IN THE ANSWER BOOKLET Increases and Decreases represent Given only, the following information, answer the questions below the change frees prior year current year ) to current year. (Note to you are sot told what the change in cash was for the 21,000 8,000 10,000 20,000 90,000 15,000 10,000 6,000 10,000 7,000 14,000 8,000 5,000 Increase in Inveetory Increase in Al S Securities lacrease in Long-Term Bonds Payable Increase in Accounts Payable rease in Salaries Payable Dividends Declared Decrease in Unearned Revense Decrease in Dividends Payable Other Info: The company reported Net Income of $65,000. Equipment was sold in the current year with original cost of $15,000 and a book value of $5,000 for cash proceeds of $8,000. Notes to the financial statements mention the issuance of stock and boeds (S10,000 apiece) in exchange for a piece of a) What amount would be included on the statement of cash flows under Cash flows frosm Operating Activities"? USE THE INDIRECT METHOD TO SOLVE. b) What amount would be included on the statement of cash flows under "Cash flows from Investing Activities"? c) What amount t would be included on the statement of cash flows under "Cash flows from Financing Activities

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