Question
Question 11 of 13 Long-term note payable table[[147500,-],[601500,476500],[464500,244500],[1630500,]] Other information relating to 2023 activities: Net income was $378000 . Cash dividends of $150000 we declared
Question 11 of 13\ Long-term note payable\ \\\\table[[147500,-],[601500,476500],[464500,244500],[1630500,]]\ Other information relating to 2023 activities:\ Net income was
$378000
.\ Cash dividends of
$150000
we declared and paid.\ Equipment costing
$250500
, with a book value of
$79000
, was sold for
$91500
.\ A long-term investment was sold for
$83000
. There were no other transactions affecting long-term investments.\ 4800 common shares were issued for
$25
a share.\ Temporary investments consist of treasury bills maturing on June 30, 2024.\ The cash provided by financing activities in 2023 was\
$413400
\
$267500
.\
$114500
.\
$124800
.
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