Question 10 0.5 pts Use the financial statements (first tab) and other information (second tab) for Nutsy Ing, to answer the following questions regarding the 2020 Statement of Cash Flows. What is the total amount of Cash Provided (Used) by Financing Activities? O -50,000 400,000 50,000 O 450,000 E 2 3 2020 4,500,000 2,800,000 1,700,000 2019 4,000,000 2,200,000 1,800,000 2018 3,000,000 1,500,000 1,500,000 7 B 0 720,000 100,000 36,000 55,000 10,000 (8,000) 913,000 787,000 600,000 100,000 60,000 40,000 10,000 650,000 100,000 36,000 50,000 10,000 5,000 851.000 949,000 1 Nutsy Inc. Statement of Net Income Revenue Cost of Good Sold Gross Profit Operating Expenses Salaries Rent Interest Expense Depreciation Amortization Loss/ (gain) on sale of equipment Total Operating Expenses Net Income Nutsy Inc. Balance Sheet Cash Accounts Receivable, net of bad debt allowance Inventory Pre-paid expenses Total Current Assets Property, Plant and Equipment, net of depreciation Intangible assets, net of amortization Total Non-current assets TOTAL ASSETS 2 3 810,000 690,000 6 2019 17 8 19 20 21 2020 3,103,400 850,000 570,000 75,000 4,598,400 2,610,000 100,000 2,710,000 7,308,400 2,193,800 910,000 550,000 100,000 3,753,800 2,620,000 110,000 2,730,000 6,483,800 2018 2,300,000 800,000 500,000 120,000 3,720,000 2,380,000 120,000 2,500,000 6,220,000 22 23 24 25 2,710,000 7,308,400 2,730,000 6,483,800 2,500,000 6,220,000 440,000 30,000 157,400 627,400 400,000 50,000 189,800 639,800 300,000 25,000 100,000 425,000 assets TOTAL ASSETS Current Liabilities Accounts Payable Wages Payable Income Taxes Payable Total Current Liabilities Non Current Liabilites Bonds Payable Total Non Current Liabilities Total Liabilities Shareholder's Equity 5 Common Stock, $10 par value 7 Additional Paid In Capital B Retained Earnings Total Shareholders Equity 0 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 1,200,000 1,200,000 1,827,400 1,200,000 1,200,000 1,839,800 2,000,000 2,000,000 2,425,000 5 450,000 1,400,000 3,631,000 5,481,000 7,308,400 400,000 1,300,000 2,944,000 4,644,000 6,483,800 400,000 1,300,000 2,095,000 3,795,000 6,220,000 1