2025 2024 Cash $29,700 $35,000 Accounts receivable (net) 54,800 44,600 Inventory 64,700 45,300 Prepaid expenses 14,900...

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2025 2024 Cash $29,700 $35,000 Accounts receivable (net) 54,800 44,600 Inventory 64,700 45,300 Prepaid expenses 14,900 24,700 Equipment 89,400 74,600 Accumulated depreciation-equipment (17,880) (7,900) Land 69,800 39,800 $305,420 $256,100 Accounts payable $64,700 $51,500 Accrued expenses 14,800 17,800 Notes payable-bank, long-term -0- 22,700 Bonds payable 29,700 -0- Common stock, $10 par 190,600 160,600 Retained earnings 5,620 3,500 $305,420 $256,100 Land was acquired for $30,000 in exchange for common stock, par $30,000, during the year; all equipment purchased was for cash. Equipment costing $13,000 was sold for $3,000; book value of the equipment was $6,100. Cash dividends of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a-sign eg. -12,000 or in parenthesis e.g. (12,000).) a. Net Cash provided by operating activities. $ b. Net Cash used by investing activities. $ C. Net Cash used by financing activities. eTeythook and Madin 2025 2024 Cash $29,700 $35,000 Accounts receivable (net) 54,800 44,600 Inventory 64,700 45,300 Prepaid expenses 14,900 24,700 Equipment 89,400 74,600 Accumulated depreciation-equipment (17,880) (7,900) Land 69,800 39,800 $305,420 $256,100 Accounts payable $64,700 $51,500 Accrued expenses 14,800 17,800 Notes payable-bank, long-term -0- 22,700 Bonds payable 29,700 -0- Common stock, $10 par 190,600 160,600 Retained earnings 5,620 3,500 $305,420 $256,100 Land was acquired for $30,000 in exchange for common stock, par $30,000, during the year; all equipment purchased was for cash. Equipment costing $13,000 was sold for $3,000; book value of the equipment was $6,100. Cash dividends of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (Show amounts that decrease cash flow with either a-sign eg. -12,000 or in parenthesis e.g. (12,000).) a. Net Cash provided by operating activities. $ b. Net Cash used by investing activities. $ C. Net Cash used by financing activities. eTeythook and Madin