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The changes in each balance sheet account for Carver Corporation during the year just completed are as follows: Decrease Increase $ 3,000 $ 5,000 $

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The changes in each balance sheet account for Carver Corporation during the year just completed are as follows: Decrease Increase $ 3,000 $ 5,000 $ 6,000 $ 3,000 $ 17,000 Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant and equipment Accumulated depreciation Accounts payable Accrued liabilities Bonds Payable Common Stock Retained Earnings $ 11,000 $ 9,000 $ 8,000 $ 5,000 $ 12,000 $ 3,000 $ 2,000 Carver Corporation's income statement for the year just ended shows the following: Income Statement Sales Cost of goods sold Gross margin Selling and administrative expense $ 350,000 190,000 160,000 158,000 $ 2,000 Net Income The company did not dispose of any property, plant, and equipment, buy any long-term investments, issue any bonds payable or repurchase any of its own common stock during the year Carver Corporation uses the direct method to construct its statement of cash flows. Required: a. Determine the sales adjusted to the cash basis. b. Determine the cost of goods sold adjusted to the cash basis. c. Determine the selling and administrative expenses adjusted to a cash basis d. Determine the net cash provided by used in operating activities e Determine the net cash provided by used in investing activities Determine the net cash provided by oned in financing activities

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