Question
Purchase of equipment Decrease in inventory $ 2,230 343 Increase in prepaid rent Payment of dividends 70 360 Depreciation expense Increase in accounts receivable 174
Purchase of equipment Decrease in inventory $ 2,230 343 Increase in prepaid rent Payment of dividends 70 360 Depreciation expense Increase in accounts receivable 174 520 Increase in accounts payable 160 Gain on sale of land 141 Net income 1,160 Repayment of notes payable 443 Cash received from the sale of land 52 Issuance of common stock 2,420 Required: What is the net cash provided by operating activities? $1,106 inflow $1,388 inflow $420 inflow $354 inflow What is the net cash provided by investing activities? $2,178 outflow $2,319 outflow $2,004 outflow $2,145 outflow What is the net cash flow by financing activities? $1,617 inflow $1,977 inflow $2,060 inflow
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