Question 4 Not yet answered Marked out of 2.00 P Flag question Necessities, Inc. issued 750 shares of no-par common stock, with no stated value, for $60 cash per share. The journal entry to record this transaction is: Select one: A. Cash Common Stock Paid-in Capital in Excess of Par Value 45,000 750 44,250 o B. Cash 45,000 Paid-in Capital in Excess of Par Value 45,000 Cash 45,000 Common Stock 45,000 O D. Cash 45,000 Common Stock Paid-in Capital in Excess of Par Value 15,000 30,000 Question 5 Not yet answered Marked out of 2.00 P Flag question A company had net income of $1,860,000 in 2019. Depreciation expense is $208,000. During the year, Accounts Receivable and Inventory increased $120,000 and $320,000, respectively. Prepaid Expenses and Accounts Payable decreased $16,000 and $32,000, respectively. There was also a loss on the sale of equipment of $24,000. How much cash was provided by operating activities in 2019? Select one: A $2,476,000 B. $2,208,000 C. $1,568,000 D. $1,636,000 Question 6 Not yet answered Marked out of 2.00 P Flag question A firm's cash flow from investing activities includes: Select one: o A. Cash paid as dividends O B. Cash received from the sale of a plant asset o C. Cash received from the rendering of services to customers O D. Cash paid to retire bonds payable O