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Question 1 1 pts A company's income statement showed the following: Net Income = $18,200 Depreciation Expense - $36,000 An examination of the company's current

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Question 1 1 pts A company's income statement showed the following: Net Income = $18,200 Depreciation Expense - $36,000 An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: Accounts Receivable decreased $7.000 Merchandise Inventory increased $5,900 Accounts Payable increased $4700 Income Taxes Payable decrease $150 You are preparing the Statement of Cash Flows. Report the net cash provided or used by operating activities, using the Indirect method. If it is a negative amount, be sure to put a minus sign (-) In front of your answer, such as - 10. Question 2 1 pts You have the following additional information on non-operating cash transactions: Cash received from issuing stock - $8,000 Cash paid for dividends - $1,000 Cash received from sale of machinery = $9,500 You are continuing to prepare the Statement of Cash Flows for your company. Report the net cash provided or used by investing activities, using the indirect method. If it is a negative amount, be sure to put a minus sign (-) In front of your answer, such as -10. Question 3 1 pts You have the following additional information on non-operating cash transactions: Cash received from issuing stock - $8,000 Cash paid for dividends - $1,000 Cash received from sale of machinery - $9,500 You are continuing to prepare the Statement of Cash Flows for your company. Report the net cash provided or used by financing activities, using the Indirect method. If it is a negative amount, be sure to put a minus sign (-) in front of your answer, such as -10

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