Computron Inc. $($Compu$)$ has incurred the following transactions. Compu has a December $31,2022$ year end and follows ASPE.

$-$ Borrowed $$275,000$ from the bank on a long

$-$term note payable.

$-$ Purchased land for $$275,000$ cash.

$-$ Sold long

$-$term investments for $$250,000.$

$-$ Paid cash dividends of $$300,000.$

$-$ Inventory increased by $$50,000.$

$-$ Issued $2,000$ common shares for $$125,000.$

$-$ Purchased equipment for $$62,500$ cash.

$-$ Salaries payable increased by $$75,000.$What is the net amount of cash that will show in the financing activities section on the statement of cash flows for $2022?$

Answer rating: 100% (QA)

Answer analyze each transaction to determine its impact on the cash flow statement specifically the ... View the full answer