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The balance sheet data of Brown Company at the end of 2020 and 2019 are shown below. Cash Accounts receivable (net) Inventory Prepaid expenses Equipment

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The balance sheet data of Brown Company at the end of 2020 and 2019 are shown below. Cash Accounts receivable (net) Inventory Prepaid expenses Equipment Accumulated depreciation-equipment Land 2020 $30,000 55.000 65,000 15.000 90,000 (18,000) 70,000 $307,000 2019 $35,000 45,000 45,000 25,000 75,000 (8,000) 40,000 $257,000 $52.000 18.000 23,000 Accounts payable Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings $65,000 15.000 -0- 30,000 189.000 8,000 $307,000 -0- 159,000 5,000 $257,000 Land was acquired for $30,000 in exchange for common stock, par $30.000 during the year, all equipment purchased was for cash Equipment costing $10,000 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $10,000 were declared and paid during the year. Accounts payable Accrued expenses Notes payable-bank, long term Bonds payable Common stock $10 par Retained earnings $65.000 15,000 -0 30.000 189.000 8.000 $307.000 $52.000 18,000 23.000 -0- 159.000 5.000 5257.000 Land was acquired for $30,000 in exchange for common stock par $30.000, during the year; all equioment purchased was for cash. Equipment costing $10,000 was sold for $3.000, book value of the equipment was $6,000. Cashdividends of $10,000 were declared and paid during the year Compute net cash provided (used) by (Show amounts that decrease cash flow with either a synes 12,000 or in parenthesive. (12.0001) (a) Net Cash provided by operating activities $ [b] Net Cash + by investing activities $ 22000 (c) Net Cash by financing activities 5 3000

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