Steven company had the following selected accounts balances extracted from the statement of financial position at the end of 2020: 2019 2020 Long term investments Investment in Held for 170,000 200,000 collection bonds Intangible assets Patent 12,000 10,000 Goodwill 190,000 190,000 200,000 200,000 Property, plant and equipment's Building Accumulated depreciation of Building 100,000 120,000 70,000 50,000 30,000 23,000 Equipment Accumulated depreciation of equipment Current assets Inventory 177,000 212,000 Account receivable 200,000 150,000 Cash 144,000 ? Equity Share capital 200,000 | 150,000 Liabilities 450,000 200,000 Note payable (long term) Account payable 300,000 400,000 During the year 1. The company purchased new held for collection bond with a cost of 60,000 and sold a bond with a cost of 30,000 for 35,000 2. Equipment with a cost of 20,000 (accumulated depreciation 10,000) was sold for 13,000 3.50,000 treasury shares were purchased during the year 4. 250,000 note payable was paid during the year 5. Net income for the year was 340,000 How much is cash from operating activities (show calculations) Answer: 2 2 Question 2 Not yet answered Marked out of 3.00 p Flag question How much is cash from financing activities (show calculations) How much is cash from investing activities (show calculations) Answer: L Question 4 Not yet answered Marked out of 1.00 P Flag question How much is net increase or decrease in cash during the year Answer: How much is the ending balance of cash (31.12.2020)