Arnold Industries started the year with $104,800 cash and reported net cash provided by operating activities...

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Arnold Industries started the year with $104,800 cash and reported net cash provided by operating activities of $210,000, cash paid for dividends of $42,400, cash received from stock issuance of $34,000, cash paid for equipment purchases of $152,000, cash paid for intangible assets of $106,000, and cash paid on bank loan of $37,000. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. Arnold Industries started the year with $104,800 cash and reported net cash provided by operating activities of $210,000, cash paid for dividends of $42,400, cash received from stock issuance of $34,000, cash paid for equipment purchases of $152,000, cash paid for intangible assets of $106,000, and cash paid on bank loan of $37,000. Required: Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash.

Answer rating: 100% (QA)

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