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the 2422 Calculate Chompers & Financing Active 12/31/21 12/31/20 Assets 31.000 23.000 62.000 Accounts Receivable Supplies Land Equipment Accumulated Depreciation 14.000 63.000 76.000 (7.000) 60.000

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the 2422 Calculate Chompers & Financing Active 12/31/21 12/31/20 Assets 31.000 23.000 62.000 Accounts Receivable Supplies Land Equipment Accumulated Depreciation 14.000 63.000 76.000 (7.000) 60.000 17.000 40,000 60,000 (13,000) 3.000) 2.000 (3.000) 23,000 16.000 16,000) Liabilities and Stock Holders' Equity Accounts Payable Bonds Payable 15,000 6,000 9.000 7.000 (12,000) Common Stock 191900 115,000 145,000 30.000 Retained Earnings 64,000 55,000 9,000 Additional information: a. Net income for 2021 is $18,000, b. Cash dividends of $9,000 were declared and paid in 2021. c. Land was purchased for $23,000 cash. d. Equipment with a cost of $15,000 and accumulated depreciation of $10,000 was sold for $8,000 cash. e. Equipment was acquired for $31,000 cash. f. Depreciation expense for the year was $4,000. g. Bonds payable were retired at their face value. h. Common stock was sold for cash. Calculate the Cash Flows Provided by (Used by) Operating Activities

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