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The balance sheet data of Carla Company at the end of 2017 and 2016 are shown below. 2017 2016 Cash Accounts receivable (net) Inventory Prepaid
The balance sheet data of Carla Company at the end of 2017 and 2016 are shown below. 2017 2016 Cash Accounts receivable (net) Inventory Prepaid expenses Equipment Accumulated depreciation equipment Land $29,900 54,400 64,400 14,900 89,700 (17,940) 70,500 $305,860 $34,900 45,400 44,600 25,000 75,700 (8,000) 40,100 $257,700 $51,900 18,000 23,100 Accounts payable Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings $64,800 14,800 -0- 30,300 188,900 7,060 $305,860 -0- 158,500 6,200 $257,700 060 Land was acquired for $30,400 in exchange for common stock, par $30,400, during the year; all equipment purchased was for cash. Equipment costing $13,000 was sold for $2,900; book value of the equipment was $5,900. Cash dividends of $10,100 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 provided 11900 Netcon by operating activities.cl Net Cash I used by investing activities. 14000 (c) Net cash I used by financing activities. by financing activities. 1 Net Cash I used 2900 290
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