Given the following information, calculate the change in cash for the year: Cash received from sale of

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Given the following information, calculate the change in cash for the year:

Cash received from sale of company equipment.....$ 20,000

Cash paid for salaries................ 8,500

Cash paid for other operating expenses .........12,250

Cash paid for purchase of treasury stock .......16,000

Cash paid for rent .................12,000

Cash received from issuance of bonds ......... 125,000

Cash collected from customers ........... 45,000

Cash paid to do a major repair of delivery van to

prolong its useful life for five more years ...... 21,820


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