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The Bellarude Company reported the following items during the year ended 1 2 / 3 1 / 1 3 . Calculate Bellarude's income provided /

The Bellarude Company reported the following items during the year ended 12/31/13.

Calculate Bellarude's income provided/used by Operating activities that will be included in the cash flow

statement.

Horatio Company reported the following activities during 2011:

Acquired 200 shares of stock in Kontice Corp. for $26,000. Horatio intends to hold the stock as long.

term investments

Sold an investment in Perry Company for $35,000. The investment had a carrying value of $33,000

Deposited $50,000 in a 4-year Certificate of Deposit with Northern Bank. During the year, interest of

$3,750 was paid on the ????????

Collected dividends of $1,200 from other investments

Required: Calculate the amount of cash from Investing Activities on Horatio's statement of Cash Flows0] In 2015, a hurricane completely destroyed a building belonging to Amalgamation Corp. The building

cost $100,000 and had accumulated depreciation of $48,000 at the time of the loss. Amalgamation

received a cash settlement from the insurance company. The company also reported an extraordinary

loss of $21,000. Calculate the amount of the net change in investing activities in the 2015 cash flow

statement as a result of these events.

   

Item Amt Net Income Depreciation Expense Dividends Paid $324,000 $64,000 $75,000 Patent amortization $36,000 Amortization of Bond Premium $12,000 Cash received from Signing a Long Term Note on January 1st $300,000 Decrease in Investment due to net loss (from 40% investment in Belica Company accounted for using Equity Method) $42,000

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