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Thank you for your help! I'll make sure to upvote! Comparative balance sheet accounts of Crane inc. are presented below. Additional data (ignoring taxes): 1.
Thank you for your help! I'll make sure to upvote!
Comparative balance sheet accounts of Crane inc. are presented below. Additional data (ignoring taxes): 1. Netincome for theyear was $41,600. 2. Cashdividends declared and paid during theyear were $21.100. 3. A 20\%r stock dividend was declared during the year. $25000 of retained earnings was capitalized. 4. Equity imestments (level of ownership is less than 20\%\%) that cost 524.900 were sold during the year for 528.700. No unrealized gains and losses were recorded on these investments in 2025. 5. Machinery that cost $3,700, on which $750 of depreciation had accumulated was sold for $2,150. Compute net cash flow from operating activities using the direct method. (Enter negative amounts using either a negative sign preceding the number eg. 45 or parentheses eg. (45).) Net cash flow from operating activities Step by Step Solution
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