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The income statement, balance sheets, and additional information for Track Inc. are provided. Track Inc Income Statement For the Year Ended December 31, 2019 Revenues
The income statement, balance sheets, and additional information for Track Inc. are provided. Track Inc Income Statement For the Year Ended December 31, 2019 Revenues Gain on sale of land Total revenues Expenses: Cost of goods sold Operating expenses Depreciation expense Interest expense Income tax expense Total expenses Net Income Assets Current Assets: Cash Accounts receivable Inventory Prepaid rent Long-Term Assets: Investment in stock Land 2019 127,000 25,000 20,000 16,000 12,000 Track Inc Balance Sheets December, 31 $250,0004,000254,000 2018 $330,00083,000121,0007,000$187,00095,000138,0005,000 186,000 100,000 160,000 260,000 What is the cash flows from operating activities? What is the cash flows from investing activities? What is the cash flows from financing activities? What is the cash flows from non-cash activities
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