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Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals.
Use the following to answer questions 16-20 Following are the transaction of TAR Inc., which provides consulting services related to mining of precious metals. Transaction Amount of Transaction A Cash used for payment of employee salaries $525,000 B Cash provided from sale of equipment that had been used in operations 32,000 C Cash used for purchase of office supplies 2,400 D Cash used for purchase of office equipment 100,000 E Cash used to pay office utilities 17,500 F Cash used for payment of office rent 32,000 G Cash provided from consulting customers 754,000 H Cash provided from long-term borrowing 300,000 ' Cash used to pay the bank for a loan due this month 50,000 J Purchase of company vehicle paying 2/10 cash and borrowing the rest. 40,000 16. $ Refer to transaction J, how much should be included in cash used from investing activities? 17. $ Determine the net cash flows from operating activities (include "-" if needed) 18. $. 19. $ 20. $ Determine the net cash flows from investing activities (include "" if needed) Determine the net cash flows from financing activities (include "-" if needed) How much did cash change over the year?
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