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You are here required to compute Throttle Corporation's 2020 cash flow from operating activity; cash flow from investing activity; cash flow from financing activity. Place

You are here required to compute Throttle Corporation's 2020 cash flow from operating activity; cash flow from investing activity; cash flow from financing activity. Place your answer at the bottom of the page. Here below please find income statement, balance sheet and other additional information about the company:

Balance sheet - ASSETS 2020 2019

Cash 24 2 Inventory 6 15

Account receivables 4 8

Prepaid expenses - -

Goodwill 4 15

Land 21 21

Equipment (net) 18 24

TOTAL ASSETS 77 85

Balance sheet - LIAB & EQ 2020 2019

Accounts payable 11 17

Income tax payable 10 8

Interest payable 6 3

Dividends payable 3 -

Bonds payable 25 33

Retained earnings 18 20

Common stock 4 4

TOTAL LIAB+STOCK EQ 77 85

INCOME STATEMENT 2020

Sales revenues 70

COGS -40

salaries and wages -12

Interest expense -5

Impairment loss -11

Depreciation expense -2

Gain on disposal of assets 6

Income tax expense -4

net income 2

Additional information: Goodwill was impaired at the end of the year. A part of the equipment was sold for cash during the year. The bonds are repaid in yearly instalments. A cash dividend was declared; it was paid only in part during the year. Throttle Corporation's 2020 cash flow from operating_activity: Euro [1] [2] [3]

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