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Statement of Cash Flows During the current year, Ross Corporation purchased a warehouse for $48,000, paid $1,000 dividends, sold land for $8,000, and issund $20,000

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Statement of Cash Flows During the current year, Ross Corporation purchased a warehouse for $48,000, paid $1,000 dividends, sold land for $8,000, and issund $20,000 of common stock. All of these were cash transactions Show how Row would report the cash provided by for used for its investing and financing activities sections of its statement But cash flows for the current year. Use a minus sign for any negative amounts ROSS CORPORATION Statement of Cash Hows (Partial) For Year Ended December 31, Current Year Investing Activities Payment for purchase of warehouse 40,000 X Recript from sale of land 11,900 Net cash used for investing activities Financing Activities Payment of dividende 1.000 x Istance of common stock 20.000 Net cash provided by financing activities

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