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Question 29 1 pt Given this information: 2019 2020 2019 2020 Cash $2,500 $6,000 Accounts receivable $12,500 $9,000 Inventory $4,000 $5,500 Prepaid insurance $1,000 $1,200
Question 29 1 pt Given this information: 2019 2020 2019 2020 Cash $2,500 $6,000 Accounts receivable $12,500 $9,000 Inventory $4,000 $5,500 Prepaid insurance $1,000 $1,200 Equipment $22,000 $22,000 Accum. depreciation ($1,200) $2,000) Land $12,000 $22,000 $52,800 $63,700 Accounts payable Salaries payable Utilities payable Note payable Interest payable $4,000 $5,000 $1,000 $4,200 $1,800 $2,500 $25,000 $28,000 $1,200 $2,600 $12,000 $12,000 $7,800 $2,400 $52,800 $63,700 Common stock Retained earnings If net income was $8,000 for 2020, what was the amount of cash flows from financing activities
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