Question: create a statement of cash flow Operating Activities: . net income 10,000 Increase in prepaid rent 850 Increase in merchandise inventory 2500 decrease in accounts
Operating Activities: . net income 10,000 Increase in prepaid rent 850 Increase in merchandise inventory 2500 decrease in accounts payable 1050 Investing activities Purchase of equipment 1200 sales of equipment 700 Financing activities Issuance of common stock 3200 payment cash of dividends 1300 ho noncash transaction Depreciation equipment 550
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