A$.$ Hearts had a net income of $$475,000.$ The company only uses cash dividends.

B$.$ Hearts bought $$74,000$ worth of investments and sold other investments for a gain of $$8,300.$

C$.$ Hearts purchased a truck for $$53,400$ by paying $$28,250$ and financing the rest with a short term notes

payable. Hearts recorded depreciation expense on trucks for $$19,650$ and sold a truck for a loss of $$2,925.$

D$.$ Hearts sold Equipment with an original historical cost of $$747,500$ and accumulated depreciation of

$$293,700$ for a gain of $$87,300.$

E$.$ When new equipment is purchased, Hearts pays for $17\%$ with cash and finances the remaining $83\%$ by

issuing a long term bond payable.

F$.$ Hearts amortization expense was $$11,435.$ Hearts sold a patent this year for $$21,360$ cash Hearts had

originally bought the patent for $$17,940.$ Hearts purchased a different patent and paid for it using $55\%$

cash and issuing $10\%$ worth of Common Stock and $35\%$ in Additional Paid in Capital $$Common Stock.

G$.$ Sold land for a $$209,400$ cash, which generated a loss of $$39,325.$ Hearts pays for land purchases with

cash.

H$.$ Hearts settled $$175,000$ of its bond payable with cash.

Can you send all of the individual cash flows.

Answer rating: 100% (QA)

Sure here are the individual cash flows for each transaction described A Cas... View the full answer