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Required information The following information applies to the questions displayed below! The following women was drawn from the year end balance sheets of Mass Trading
Required information The following information applies to the questions displayed below! The following women was drawn from the year end balance sheets of Mass Trading Company account Ver Ver ISTING 3.000 126, paliyar 217,000 210, Wing . 163, Land 57,000 Addition in regarding transactions occaning ng Year 2 Investment ad con 6.000 were sold. The Year 2 vome statement contained as one sale of investere 1420 2. Equipment work of $45.000 es purchased 2. The income honda ga on the sole of equipment of $400 On the date of sale, accurated depreciation on the went sold amovied to 600 6. A building thang CO SETTOO deed 5. Indico 525200 s sold for $21.000 0 - Preparing actives section of the month (Cashou Iced with a minus ASSONO COUARY WA web Cash slgn.) MASS TRADING COMPANY Statement of Cash Flows (Investing Activities) For the Year Ended December 31, Year 2 Cash flows from investing activities: Proceeds from sale of investment securities Proceeds from sale of equipment Proceeds from sale of land Paid to purchase investment securities Paid to purchase equipment Paid to purchase buildings Paid to purchase land Net cash flow from investing activities k Check A License - Li. Swann 4 Channel D... BUYPOWER Deskto... FIFA 20 Stream Pac... AllTemplates Basic In Assignment - Chapter 12 Seved Required Information The following infomation applies to the questions displayed below.) The following information was drawn from the year-end balance sheets of Mass Trading Company Land Account Title Year 2 Van Investment securities 335.000 $26,500 Erudent 217,000 210.000 Buildings 845,500 961,000 99,500 57,600 Additional information regarding transactions occurring during Year 2 1. Investment securities that had cost $6.090 were sold: The Year 2 income statement contained a loss on the sale of investment securities of $420, 2. Equipment with a cost of $45.000 was purchased 3. The income statement showed again on the sale of equipment of $4,100. On the date of sale, accumulated depreciation on the equipment sold amounted to $6,00 4. A building that had orginally cost $177,000 was demolished 3. Land that had cost $25,100 was sold for $21.000 ces g. Prepare the investing activities section of the Year 2 statement of cash flows. (Cesh outflows should be indicated with a minus algn.)
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