Required information [The following information applies to the questions displayed below) Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Tnventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Ending Balance $ 93,500 75,600 101.500 270.900 270,000 90,000 180,000 $ 450,900 Beginning Balance $ 112,450 81,400 92,500 286,350 259,000 64,750 194,250 $ 480,600 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 59,200 46,000 111,000 129.500 105,200 $ 450,900 $ 105,200 59,900 92,500 111,000 112.000 $ 480,600 During the year, Ravenna paid a $11,100 cash dividend and it sold a piece of equipment for $5,550 that had originally cost $12,600 and had accumulated depreciation of $8,400. The company did not retire any bonds or repurchase any of its own common stock during the year 10. Would the operating activities section of the company's statement of cash flows contain an adjustment for a gain or a loss? What would be the amount and direction (+ or -) of the adjustment? Required information [The following information applies to the questions displayed below Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows. Ending Beginning Balance Balance Cash $ 93,800 $ 112,450 Accounts receivable 75,600 81,400 Inventory 101.500 92,500 Total current assets 270.900 286,350 Property, plant, and equipment 270,000 259,000 Less accumulated depreciation 90,000 64,250 Net property, plant, and equipment 180,000 194,250 Total assets $ 450,900 $ 450,000 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders equity $ 59,200 46,000 111,000 129,500 105,200 $ 450,900 $ 105,200 59,900 92,500 111.000 112,000 $ 480,600 During the year, Ravenna paid a $11100 cash dividend and it sold a piece of equipment for $5,550 that had originally cost $12,600 and had accumulated depreciation of $8,400. The company did not retire any bonds or repurchase any of its own common stock during the year. 11. What is the amount of net cash provided by (used in) operating activities in the company's statement of cash flows? Notas operating activities of 15 Required information [The following information applies to the questions displayed below) Ravenna Company is a merchandiser that uses the Indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: 5.12 Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Ending Balance $ 93,500 75,600 101,500 270,900 270,000 90.000 180.000 5 450,900 Beginning Balance $ 112,450 $1,400 92.500 236.350 259,000 64,250 194,250 $ 480,600 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders equity 5 59.200 46,000 111,000 129,500 105,200 $450,000 $ 105,200 59,900 92,500 111,000 112,000 $ 480,600 During the year, Ravenna paid a $11,100 cash dividend and it sold a piece of equipment for $5,550 that had originally cost $12,600 and had accumulated depreciation of $8,400. The company did not retire any bonds or repurchase any of its own common stock during the year 12. What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows? Gran cash outflow Required information The following information applies to the questions displayed below) Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Ending Beginning Balance Balance Cash $ 93,800 $ 112,450 Accounts receivable 75,600 81,480 Inventory 101,500 92,500 Total current assets 279,900 286,350 Property, plant, and equipment 270,000 259,000 Less accumulated depreciation 90,000 64,750 Net property, plant, and equipotent 180,000 194,250 Total assets $ 450,900 $ 480,600 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 59,200 46,000 111,000 129,500 105,200 $ 450,900 $ 105,200 59,980 92,500 111,800 112,000 $ 480,600 During the year, Ravenna paid a $11100 cash dividend and it sold a piece of equipment for $5,550 that had originally cost $12,600 and had accumulated depreciation of $8,400. The company did not retire any bonds or repurchase any of its own common stock during the year. 3. What is the company's net cash provided by (used in) investing activities? Net casti investing activities