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The data in the table below come from the XYZ Company financial statements for 2019 and 2020 (all amounts are in dollars). The balance sheet
The data in the table below come from the XYZ Company financial statements for 2019 and 2020 (all amounts are in dollars). The balance sheet accounts listed in the table are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's income statement for each year. Using this data, net cash flows from investing activities in 2020 was $ Item Accounts payable Accounts receivable Accruals Additional paid in capital Cash Common Stock COGS Depreciation expense Interest expense Inventories Long-term debt Net fixed assets Notes payable Operating expenses (exd. depr.) Retained earnings Sales Taxes 2019 17,200 17,900 10,420 18,000 25,200 4,000 75,820 5,000 10,000 10,390 15,120 104,850 8,800 46,980 84,800 161,000 6,600 2020 16,600 ??? 11,420 19,400 23,420 5,000 82,960 8,800 12,000 10,780 16,900 123,840 7,800 51,480 96,400 179,600 8,200 1) -27,790 2) -35,000 3) 35.000 4) 500 5) 27,790
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