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Statement of Cashflows Nathan Martin has the following data he needs you to include on his Statement of Cashflows Net Income: $32,000 Depreciation: 10,000 Gain

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Statement of Cashflows Nathan Martin has the following data he needs you to include on his Statement of Cashflows Net Income: $32,000 Depreciation: 10,000 Gain on a sale: 8000 Accts Rec decrease: 5,000 Inventory decrease: 6,000 Pre-paid Insurance: 13,000 Accounts payable: 9,000 Income tax payable: 2,000 Purchase of long-term assets: 15,000 Sale of plant assets: 28,000 Purchase of Patent: 60,000 Issuance of common stock: 70,000 Payment of dividends: 13,000 Provide the following: 1. A Statement of Cashflows categorizing the aforementioned under Operation, Investing, and Financing Activities 2. Indicate whether the entries increase or decrease cash by indicating next to your numerical entry "+" or "_" 3. Provide line item totals for "Cash provided by operating activities..investing activities..financing.. Net increase/decrease in Cash... Cash at the Beginning of the Year...and Cash at the End of the Year

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