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The balance sheet data of Windsor Company at the end of 2020 and 2019 are shown below. Cash Accounts receivable (net) Inventory Prepaid expenses Equipment
The balance sheet data of Windsor Company at the end of 2020 and 2019 are shown below. Cash Accounts receivable (net) Inventory Prepaid expenses Equipment Accumulated depreciation-equipment Land 2020 $30,300 55,300 64,800 15,100 89,100 (17,820) 69,300 $306,080 2019 $34,800 45,000 45,300 24,900 74,800 (8,000) 40,000 $256,800 Accounts payable Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings $65,700 15,200 -0- 29,700 187,700 7,780 $306,080 $51,600 18,100 23,100 -0- 158,400 5,600 $256,800 Land was acquired for $29,300 in exchange for common stock, par $29,300, during the year; all equipment purchased was for cash. Equipment costing $13,000 was sold for $3,000; 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 by operating activities. $ 106580 (b) Net Cash used vby investing activities. $ (58800) (c) Net Cash used by financing activities. $ 35900
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