Question: 3b) Showed work from part a, need part b to be anwsered. Will leave a like for correct anwser thank you. Use the following information


Use the following information to perform the calculations below (using the indirect method). Net income $610,000 $111,000 92,000 152,000 429,200 Beginning accounts payable Ending accounts payable Purchase of long-term assets Issuance of long-term debt Issuance of stock for cash Depreciation expense Beginning accounts receivable Ending accounts receivable Beginning inventory Ending inventory Beginning prepaid insurance Ending prepaid insurance 430,000 778,000 283,000 170,000 510,000 563,000 106,000 40,100 Issuance of stock for long-term assets Purchase of treasury stock Sale of long-term investment at cost 61,500 46,600 54,000 (a ) Your answer has been saved. See score details after the due date. Calculate the amount of cash flows from operating activities. (Show amount that decrease cash flow with either a sign 6.8 -15,000 or in parenthesis es (15,000). Cash flows from operating activities $ 682700 Attempts: 1 of 1 used (6) Calculate the amount of cash flows from investing activities. (Show amount that decrease cash flow with either a signes. -15,000 or in parenthesis e.s. (15,000).) Cash flows from investing activities $ Savn for Later Attempts: 0 of 1 used Submit
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