THE IMAGES ATTACHED ABOVE ARE NEEDED TO ANSWER 16 PLEASE AND THANKS
13. Using the following Information for 2020, calculate the net cash provided by Operating Activities for 12/31/20.C Net Income $1,100,000 Depreciation Expense $ 255,000 Decrease in Inventory $70,000 Increase in Accounts Receivable $30,000 Increase in Accounts Payable $55,000 Decrease in Short-Term Investments $60,000 Statement of Cash Flows(Partial) For Year Ended December 31, 2020 Cash flows from operating activities Net Income 1,100,000 255,000 Adjustment for noncash effects: Depreciation expense Changes in current assets and current liabilities Decrease in inventory Increase in accounts receivable 70,000 (30,000) 60,000 Decrease in short-term investments Increase in accounts payable Net cash provided by operating activities 55,000 1,510,000 14. Using the following information for 2020, calculate the net cash provided by Investing Activities for 12/31/20.C Purchase of land $1,600,000 Purchase of Equipment $ 750,000 Proceeds from Sale of Building $2,050,000 Purchase of Long-Term Investments $70,000 Purchase of Vehicles $45,000 Proceeds from Sale of Intangible Assets $20,000 Computation of cash flow from investing activities Particulars $ Proceed from sales of intangible assets 20,000 Proceed from sale of building 2,050,000 Purchase of land (1,600,000) Purchase of vehicle (45,000) Purchase of long term investment 170,000) Purchase of equipment (750,000) Cash used in investing activities (395,000) Cash used in investing activities is $395.000 15. Using the following information for 2020, calculate the net cash provided by Financing Activities for 12/31/20.C Proceeds from Issuance of Common Stock $2,000,000 Purchase of Treasury Stock $ 400,000 Proceeds from Issuance of Long-Term Debt $4,000,000 Payment on Long-Term Debt $10,000 Payment of Dividends on Common Stock $5,000 Payment of Dividends on Common Stock $5,000 2,000,000 -400,000 Net cash flows from Financing Activities Common stock issued Treasury stock purchased Issuance of long term debt Payment on long term debt Dividends paid Net cash provided by financing activities 4,000,000 -10,000 -5,000 5,585,000 16. Using the information from problems #13-14-15, prepare a complete Statement of Cash Flows as of 12/31/20 in proper format if beginning cash on 1/1/20 was $150,000
