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Sagot :
Answer:
Cash flow from operating activities
Net income $352,000
Adjustment to reconcile net income to
net Cash flow from operating activities
Depreciation expense $26,350
Loss on investment sold $15,500
Decrease account receivable $7,750
Decrease current liabilities -$26,350
Net cash flow from operating activities $348,250
Cash flow from investing activities
Sale of investment $12,100
Purchase of equipment -$89,900
Net cash used investing activities -$77,800
Cash flow from financing activities
Dividend paid -$66,000
Net cash used financing activities -$66,000
Net cash increase (decrease) $204,450
Beginning Cash $120,900
Ending Cash $325,350
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