Balance, December 31, prior year 13,600 Receipts from customers 81,600 Payments for inventory 41,800 Receipts from equipment
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Question:
Balance, December 31, prior year | 13,600 | ||
Receipts from customers | 81,600 | Payments for inventory | 41,800 |
Receipts from equipment sale | 35,000 | Payments for salaries | 27,200 |
Receipts from issuing stock | 54,400 | Payments for land | 68,000 |
Payments for a copyright | 22,400 | ||
Payments for dividends | 4,800 | ||
Balance, December 31, current year | 20,400 |
Use the above Cash account to determine (a) cash flows used by investing activities and (b) cash flows provided by financing activities.
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