Given the following information, determine the amount of cash flows from investing and financing activities 2017 2016 Net income $68,000 $65,320 Investment securities $101,000 $115 ,200 Land $143,200 $98,600 Common stock $142,500 $119,500 Interest payable $12,550 $10,950 The company incurred a $1,4...

A Cash from sale of investment 1 ...

Given the following information, determine the amount of cash flows from investing and financing activities. 2017 2016

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Given the following information, determine the amount of cash flows from investing and financing activities.

	2017	2016
Net income	$68,000	$65,320
Investment securities	$101,000	$115 ,200
Land	$143,200	$98,600
Common stock	$142,500	$119,500
Interest payable	$12,550	$10,950

The company incurred a $1,480 loss on the sale of investment securities in 2017. The company did not sell land during the year.

A. Cash from Investing activities =

B. Cash from Financing activities =

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Jun 28, 2022 11:12 AM

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Given the following information, determine the amount of cash flows from investing and financing activities. 2017 2016

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Intermediate Accounting

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