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This Test: 20 pts possible 8A Warner Island, Inc. began 2018 with cash of $60,000. During the year, Warner Island earned revenue of $170.000 and

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This Test: 20 pts possible 8A Warner Island, Inc. began 2018 with cash of $60,000. During the year, Warner Island earned revenue of $170.000 and collected $70.000 from customers. Expenses for the year totaled $140,000, of which Warner Island paid $85.000 in cash to suppliers and 40,000 in cash to employees The company received $1.700 cash for interest revenue and paid $12,000 for income taxes. Warner and also paid $32,000 to purchase equipment and a cash dividend of $14.000 to its stockholders during 2018. Prepare the company's operating activities section of the statement of cash flows for the year ended December 31, 2018. Use the direct method (Use a musor parentheses for mountain a decrease in cash. If a box is not used in the statement, leave the box empty, do not select a label or enter) Cash Payment for Acquisition of Purchase Equipment 32.000 Cash Receipt from Issuance of Common Stock Total Cash Payments Net Cash Provided by (Used for) Operating Activities Choose from any list or enter any number in the input fields and then continue to the next question Previous End Poup Pon Prison Home 40 FB FS pll 3 & BA. Warner Island, Inc. began 2018 with cash of $60.000. During the year. Wwer and earned revenue of $170,000 and collected 570.000 from customers. Expenses for the year totaled $140.000, of which Wamer Island pad 85,000 in cash to suppliers and $40,000 in cash lo employees The company received $1.700 cash for interest revenue and paid $12.000 forincome taxes. Wamer stand also paid $32,000 to purchase equipment and a cash dividend of $14,000 to its stockholders during 2018 Prepare the company's operating activities wedion of the statement of cash flows for the year ended December 31, 2018 Use the direct method (Use a minus sign of parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box emply do not select a label of enter a 70) Las Paymer I DIVIETIS (OUS 32,000 Cash Payment for Acquisition of Purchase Equipment Cash Receipt from Issuance of Common Stock Total Cash Payments Choose from any list or enter any number in the input fields and then continue to the next question

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