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ABC Company Statement of Cash Flows For the Year Ended December 31, 2018 25,000 Cash Flows from Operating Activities: Net Income Add: Depreciation Decrease in

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ABC Company Statement of Cash Flows For the Year Ended December 31, 2018 25,000 Cash Flows from Operating Activities: Net Income Add: Depreciation Decrease in Accounts Receivable 8.000 2.500 Less: Increase in Inventory Decrease in Accounts Payable Gain on Sale of Land 2500 3.500 5,000 Net Cash Flow from Operating Activities 24,500 Cash Flows from Investing Activities: Add: Cash from Sale of Land I 45,000 Less: Net Cash Flow from Investing Activities $ 45,000 Cash Flows from Financing Activities: Add Cath Received from Issuing Bonds Cash Received from Sale of Common Stock 50,000 8.000 Less: Cash Used to paydown Note Payable 30.000 Net Cash Flow from Financing Activities $ 25.000 Increase (Decrease) in Cash Cash at Beginning of Year, January 1, 2018 Cash at End of Year, December 31, 2018 $ 92.500 23,000 $ 120,500 UWheer they posed by clicking the Submit Answer button a) After completing the Statement of Cash Flows, what is the correct amount for the Net Cash Flow from Operating Activities? See cirde on the printed exercise. (10 points for com answer. No partial credit) b) After completing the statement of Cash Flow, what is the correct amount for the Net Cash Flow from Investing Activities? See circle on the printed exercise (5 points for correct answer No partial credit) After completing the Statement of Cash Flows what is the correct amount for the Net Cash Flow from Financing Activite? See circle on the printed exerche (spomnitor correct answer. No partial credit

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