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Sketchers Corporation's recent comparative balance sheet and income statement follow. 2019 2020 Changes $39.000 $63,800 $24.800 Balance Sheets, December 31 Assets Cash and cash equivalents

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Sketchers Corporation's recent comparative balance sheet and income statement follow. 2019 2020 Changes $39.000 $63,800 $24.800 Balance Sheets, December 31 Assets Cash and cash equivalents Accounts receivable (net) Merchandise inventory Investments, long-term 68,000 72,200 4,200 156,000 152,000 (4,000) 20.000 20,000 Plant assets 337,000 361,000 24,000 (88,000) 14.000 Accumulated depreciation Total assets (74,000) $595,000 $512,000 $45,000 $40,000 3,000 1,000 (5,000) (2,000) 3,000 4,000 7,000 Liabilities and Stockholders' Equity Accounts payable Salaries payable Income taxes payable Interest payable Bonds payable, issued at face value Common stock, no-par Retained earnings 5,000 5,000 0 200.000 200,000 0 240,000 311,000 71,000 15,000 31,000 16.000 Total liabilities and stockholders' equity $512,000 $595,000 $240,000 (144,000) $96,000 Income Statement For Year Ended December 31, 2020 Sales revenue Cost of goods sold Gross margin Depreciation expense Salaries expense Income tax expense Interest expense Net income (12,000) (24,000) (20,000) (4,000) $36,000 Additional information: 1. Purchased a plant asset, $60,000; issued capital stock in full payment. 2. Purchased a long-term investment in equity securities accounted for cash, $20,000. 3. Declared and paid a cash dividend, $20,000. 4. Sold plant asset for $10,000 cash (cost, $36,000; accumulated depreciation, $26,000). 5. Sold capital stock, 1,000 shares at $11 per share cash. Note: Do not use either the positiveegative sign or the dollar sign with your answers. Required: 1 Net cash provided by operating activities using the indirect method is $ 43800 2 Net cash used by financing activities is $ 10000 3 Cash paid to suppliers, under the direct method, is $ 26000 4 Cash paid for interest, under the direct method, is $ 17000

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