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Professional Equipment started the year with $112,000 cash and reported net cash provided by operating activities of $225,000, cash paid for dividends of $46,000, cash
Professional Equipment started the year with $112,000 cash and reported net cash provided by operating activities of $225,000, cash paid for dividends of $46,000, cash received from stock issuance of $40,000, cash paid for equipment purchases of $155,000, cash paid for intangible assets of $115,000, and cash paid on bank loan of $40,000. 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
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