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The balance sheet data of Brown Company at the end of 2020 and 2019 are shown below. 2020 2019 Cash $30,000 $35,000 Accounts receivable (net)

The balance sheet data of Brown Company at the end of 2020 and 2019 are shown below.

2020

2019

Cash

$30,000

$35,000

Accounts receivable (net)

55,000

45,000

Inventory

65,000

45,000

Prepaid expenses

15,000

25,000

Equipment

90,000

75,000

Accumulated depreciationequipment

(18,000

)

(8,000

)

Land

70,000

40,000

$307,000

$257,000

Accounts payable

$65,000

$52,000

Accrued expenses

15,000

18,000

Notes payablebank, long-term

0

23,000

Bonds payable

30,000

0

Common stock, $10 par

189,000

159,000

Retained earnings

8,000

5,000

$307,000

$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. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a - sign e.g. -12,000 or in parenthesis e.g. (12,000).)

(a) Net Cash used/provided by operating activities.

$

(b) Net Cash used/provided by investing activities.

$

(c) Net Cash used/provided by financing activities.

$

PSA- The answer is not 22000,(25000) and (2000)

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