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The balance sheet data of Sage Company at the end of 2025 and 2024 follow. Land was acquired for $30,800 in exchange for common stock,
The balance sheet data of Sage Company at the end of 2025 and 2024 follow. Land was acquired for $30,800 in exchange for common stock, par $30,800, during the year; all equipment purchased was for cash. Equipment costing $12,900 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $9,900 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 by operating activities. $ b. Net Cash by investing activities. $ c. Net Cash by financing activities. $
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