Question 45 1 pts P12-9A. What is the net cash used by investing activities for Granger Inc for the year ended December 31, 2022 $1130,000) $(125.000 $(136,000) $1127.500) 1 pts Question 46 ANS Fash flows P12.9A (LO2), AP Condensed financial data of Granger Inc. follow. Granger Inc. Comparative Balance Sheets December 31 2021 2022 Assets Cash Accounts receivable Inventory Prepaid expenses Long-term investments Plant assets Accumulated depreciation Total Liabilities and Stockholders' Equity Accounts payable Accrued expenses payable Bonds payable Common stock Retained earnings Total $ 80.800 87.800 112.500 28.400 138,000 285.000 (50,000) $682,500 $ 48.400 38,000 102.850 26.000 109,000 242,500 ($2,000) $514.750 $102,000 16,500 110,000 220,000 234,000 $682,500 $ 67,300 21,000 146,000 175,000 105,450 $514,750 Granger Inc. Income Statement Data For the Year Ended December 31, 2022 Sales revenue $388,460 Less: Cost of goods sold $135,460 Operating expenses, excluding depreciation 12,410 Depreciation expense 46,50 Income tax expense 27.280 Interest expense 4,730 Loss on disposal of plant assets 7.500 233.850 Net income $154.580 Additional information: 1. New plant assets costing $100,000 were purchased for cash during the year. 2. Old plant assets having an original cost of $57,500 and accumulated depreciation of $48,500 w sold for $1.500 cash. 3. Bonds payable matured and were paid off at face value for cash. 4. A cash dividend of $26,030 was declared and paid during the year. 5. Common stock was issued at par for cash. 6. There were no significant noncash transactions Instructions Prepare a statement of cash flows using the indirect method 6,930