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Show Timer Question Completion Status: Items appearing on the balance sheets for Barkley Corp. at December 31, 2020 and 2 12/31/20 12/31/19 Accounts payable $

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Show Timer Question Completion Status: Items appearing on the balance sheets for Barkley Corp. at December 31, 2020 and 2 12/31/20 12/31/19 Accounts payable $ 265 S 345 Accumulated depreciation 2,450 2,230 Additional paid-in capital 288 160 130 85 Common stock 60 45 Dividends payable 15 26 Interest payable 20 14 Inventory 1.120 1,233 Note payable 850 925 Prepaid expenses 38 27 Property, plant & equipment 5,450 4,500 Retained earnings 2,790 2,100 Other information and events occurring in 2020: a) Barkley's income statement revealed a net income of $1,700. b) Barkley's income statement reported depreciation expense. c) Equipment having a cost of $650 and a book value of $300 was sold for $215 and any gain or loss was appropriately recognized. d) During 2020, Barkley borrowed $360 from the bank. Required: Barkley uses the indirect method when preparing the Statement of Cash Flows. The following questions pertain to the year ended December 31, 2 1. Prepare the Operating Activities section of the Statement of Cash Flows. 2. During 2020, how much cash did Barkley receive from the issuance of stock? 3. During 2020, how much cash did Barkley pay in dividends? 4. During 2020, how much cash did Barkley pay for the acquisition of property, plant and equipment? 5. During 2020, how much cash did Barkley pay on its notes? Click Save and Submit to save and submit. Click Save All Answers to save all answers

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