Question: include the necessary calculation steps as well The balance sheet data of Brown Company at the end of 2017 and 2016 follow. Land was acquired

include the necessary calculation steps as well The balance sheet data

include the necessary calculation steps as well

The balance sheet data of Brown Company at the end of 2017 and 2016 follow. Land was acquired for $30,000 in exchange for common stock, par $30,000, during the year; all equipment purchased was for cash. Equipment costing $10,000 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $10,000 were declared and paid during the year. Compute net cash provided (used) by: (a) operating activities. (b) Investing activities. (c) Financing activities

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