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Required information [The following information applies to the questions displayed below] The following information was drawn from the year-end balance sheets of Mass Trading Company.

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Required information [The following information applies to the questions displayed below] The following information was drawn from the year-end balance sheets of Mass Trading Company. Additional information regarding transactions occurring during Year 2 1. Investment securities that had cost $6,130 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $430. 2. Equipenent with a cost of $52,000 was purchased. 2. The income statement showed a gain on the sale of equipment of $7,500 On the date of sale. accumulated depreciation on the equipment sold amounted to $6,800 4. A building that had onginally cost $164,000 was demolished. 5. Land that had cost $25,100 was sold for $21,200 b. Determine the amount of cash flow from the sale of Investment securities during Year 2 Required information [The following information applies to the questions displayed below] The following information was drawn from the year-end balance sfieets of Mass Irading Company Additional information fegatding transactions occurring during Year 2 1. Invostment securities that had cost $6.130 were sold The Year 2 income statement contained a loss on the sale of investment securities of $430 2. Equipment with a cost of $52,000 was purchased. 3. The income statement showed a gain on the sale of equipment of 57500 . On the dote of sale; accumulated depreciotion on the equipment sold amounted to $6.800 4. A bulding that had originally cost $164,000 was demolished 5. Land thot had cost $25,100 was sold for $21,200 e. Determine the amount of cash flow for the purchase of buildings during Year 2 . [The following information applies to the questions displayed below] The following information was drawn from the year-end balance sheets of Mass Trading Company. Additional information regarding transactions occurring during Year 2 1. Investment securities that had cost $6,130 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $430 2. Equipment with a cost of $52.000 was purchased 3. The income statement showed a gain on the sale of equipment of $7,500. On the date of sale, accumutated depreciation on the equipment sold amounted to $6.800 4. A bulding that had originally cost $164,000 was demolished 5. Land thot had cost $25,100 was sold for $21,200 Prepare the investing activities section of the Year 2 statement of cash flows. (Cash outflows should be indicated with a minus ign.) The following information was drawn from the year-end balance sheets of Fox River, incorporated Additional information regarding transoctions occurting during Year 2 1. Fox River, Incorporated issued $43,400 of bonds during Year 2 . The bonds were issued at face value. All bonds tetifed were retired at face value 2. Common stock did not have a par value 3. Fox River. Incorporated uses the cost method to account for treasury stock. 4. The amount of net income stiown on the Year 2 income statement was $33,100 Required a. Determine the omount of cash flow for the retirement of bonds that should appear on the Year 2 statement of cash flows b. Determine the amount of cash flow from the issue of common stock that should appear on the Year 2 statement of cash flows c. Determine the amount of cash fiow for the purchase of treasury stock that should appear on the Year 2 statement of cash flows. d. Determine the amount of cash flow for the payment of dividends that should appeat on the Year 2 statement of cash flows e. Prepare the financing activities section of the Year 2 statement of cash flows. Complete this question by entering your answers in the tabs below. a. Determine the amount of cash flow for the retirement of bonds that should appear on the Year 2 statement of cash flows. b. Determine the amount of cash flow from the issue of common stock that should appear on the Year 2 statement of cash How5-i. c. Determine the amount of cash flow for the purchase of treasury stock that should appear on the Year 2 statement of cash flowis. d. Determine the amount of cash flow for the payment of dividends that should appear on the Year 2 statement of cash flows. Show less A 3. tux kivet, incorporded uses he cust methou to accountior tedsuly siock. 4. The amount of net income shown on the Year 2 income statement was $33,100 Required a. Determine the amount of cash flow for the reurement of bonds that should appear on the Year 2 statement of cash flows b. Determine the amount of cash flow from the issue of common stock that should appear on the Year 2 statement of cash flows c. Determine the amount of cash flow for the purchase of treasury stock that should appear on the Year 2 statement of cash flows. d. Determine the amount of cash flow for the payment of dividends that should appear on the Year 2 statement of cash flows: e. Prepare the financing activities section of the Year 2 statement of cash flows. Complete this question by entering your answers in the tabs below. a. Determine the amount of cash flow for the retirement of bonds that should appear on the Year 2 statement of cash flows. b. Determine the amount of cash flow from the issue of common stock that should appear on the Year 2 statement of cash flows. c. Determine the amount of cash flow for the purchase of treasury stock that should appear on the Year 2 statement of cash flows. d. Determine the amount of cash flow for the payment of dividends that should appear on the Year 2 statement of cash flows

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