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Question 7 of 7 > 0.33/2 III View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. The balance sheet data

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Question 7 of 7 > 0.33/2 III View Policies Show Attempt History Current Attempt in Progress Your answer is partially correct. The balance sheet data of Flint Company at the end of 2020 and 2019 are shown below. 2020 2019 Cash $7,600 $10,100 Accounts receivable (net) 83,000 86,500 Merchandise inventory 84,300 81,500 Prepaid expenses 9,100 12.000 Equipment 170,500 146,500 Accumulated depreciation-equipment (45.600) (36,200) Land 29,500 49,800 Total assets $338,400 $350,200 $44.800 10,900 Accounts payable Accrued expenses Notes payable-bank short-term Bonds payable Common stock, $1 par Retained earnings Total liabilities and shareholders' equity 20,300 181.000 81,400 $338.400 $57.400 9.000 51,000 -0- 162,000 70,800 $350.200 Equipment was purchased for $19.000 in exchange for common stock, par $19.000, during the year: all other equipment purchased was for cash. Land was sold for $31,300. Cash dividends of $7.100 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a-sign eg -12,000 or in parenthesis eg. (12,000).) (a) Net Cash $ 43300 $ $ (b) provided by operating activities. provided by investing activities. provided by financing activities. Net Cash (c) Net Cash $ eTextbook and Media Save for Later Attempts: 2 of 3 used Submit

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