Question: Please answer question 2 and 3 This question consists of 3 independent sub-questions 1. 4 2. 12 marks Additional data: Equipment with a cost of

Please answer question 2 and 3

This question consists of 3 independent sub-questions 1. 4 2. 12 marks Additional data: Equipment with a cost of $63 and a book value of $40 was sold for $57. Required: Prepare the Investing Activities section of the cash flows statement. 3. (5 marks) Suppose party goers to a party must shake hands with each other. If there are 2 people at the party, there is only one handshake. If there are 3 people at the party, there are 3 handshakes. If there are 4 people at the party, there are 6 handshakes. How many handshakes if there are 10 people at the party? Hint: If there are n people at the party, then there are [n(n1)]/2 handshakes

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