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Question 5 (20 marks) MarinRee Inc had the following transactions during the current financial reporting period. $22,000 $44,000 $15,000 $34,500 $15,000 $36,700 Net Profit Depreciation

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Question 5 (20 marks) MarinRee Inc had the following transactions during the current financial reporting period. $22,000 $44,000 $15,000 $34,500 $15,000 $36,700 Net Profit Depreciation Increase in accounts receivable Increase in inventories Decrease in accounts payable Decrease in income taxes payable Decrease in wages payable Proceeds on Sale of Equipment Repayment of bonds Issuance of Common shares Proceeds on sale of land Loss on sale of land Payment of dividends $18,000 $60,000 $50,000 $27,000 $50,000 $5,000 $10,000 Required: Determine the cashflow for Operating, Investing & Financing activities for the company and calculate the net change in cash

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