Question: please answer all correct for a thumbs up Use the following information for the Problems below. (Algo) The following information applies to the questions displayed

![displayed below] Lansing Company's current-year income statement and selected balance sheet data](https://dsd5zvtm8ll6.cloudfront.net/si.experts.images/questions/2024/09/66eb506b8012c_57966eb506b23246.jpg)







Use the following information for the Problems below. (Algo) The following information applies to the questions displayed below] Lansing Company's current-year income statement and selected balance sheet data at December 31 of the current and prior years follow. Problem 12-2AB (Algo) Direct: Computing cash flows from operations LO P5 Required: Prepare the operating activities section of the statement of cash flows using the direct method for the current year Note: Amounts to be deducted should be indicated with a minus sign. Problem 12-2AB (Algo) Direct: Computing cash flows from operations LO P5 Required: Prepare the operating activities section of the statement of cash flows using the direct method for the current year. Note: Amounts to be deducted should be indicated with a minus sign. Problem 12-2AB (Algo) Direct: Computing cash flows from operations LO P5 Required: Prepare the operating activities section of the statement of cash flows using the direct method for the current year Note: Amounts to be deducted should be indicated with a minus sign. quired: epare the operating activities section of the statement of cash flows using the direct method for the current year. ote: Amounts to be deducted should be indicated with a minus sign. (1) Required information Required: Prepare the operating activities section of the statement of cash flows using the direct method for the current year. Note: Amounts to be deducted should be indicated with o minus sign. Flow Company has provided the following information for the year ended December 31, 2019 . - Cash paid for interest. $22,000 - Cash paid for dividends, $6,400 - Cash dividends recelved, $4.400 - Cash proceeds from bank-loan, \$33.000 - Cash purchase of treasury stock, $13,000 - Cash pald for equipment purchase, $29.000 - Cash recelved from Issuance of common stock. $39,000 - Cash recelved from sale of land with a $34,000 book value, $26.600 - Acquisition of land costing $53,000 in exchange for preferred stock issuance. - Payment of $120,000 note payable by exchanging used machinery with a $79,000 book value and $120.000 fair value How much was Flow's net cash flow from investing activities? Muitple Choice A net outiow of 52.400 How much was Flow's net cash flow from investing activities? Maltiple Choice A net outlow of $2,400. A net outflow of $55,400 A net infiow of $52.600 A net inflow of $2.400. Flow Company has provided the following information for the year ended December 31, 2019: - Cash paid for interest, $25,000 - Cash paid for dividends, $7,000 - Cash dividends received, $5,000 - Cash proceeds from bank loan, $39,000 - Cash purchase of treasury stock, $16,000 - Cash paid for equipment purchase, $32,000 - Cash recelved from issuance of common stock. $42.000 - Cash received from sale of land with a $37,000 book value. $29,000 - Acquisition of land costing $56,000 in exchange for preferred stock issuance. - Payment of a $150,000 note payable by exchanging used machinery with a $82,000 book value and $150.000 fair value. How much was Flow's net cash flow from financing activities? Multiplo Cnoice A not inition of $39000 - Cash recelved from sale of land with a $37,000 book value. $29,000 - Acquisition of land costing $56.000 in exchange for preferred stock issuance. - Payment of a $150,000 note payable by exchanging used machinery with a $82.000 book value and $150.000 fair value How much was Flow's net cash flow from financing activities? Multiple Cholce A net intiow of $39,000 A net outfow of $59,000 A net infiow of 558,000 A nat outlow of $61000
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