Question: Please help me urgently my assignment is due tonight im so confused on these two questions Additional information: 1. Principal payments on the mortgage payable

Please help me urgently my assignment is due tonight im so confused on these two questions

Please help me urgently my assignment is due tonight im so confusedon these two questions Additional information: 1. Principal payments on the mortgage

Additional information: 1. Principal payments on the mortgage payable were $21,500. 2. A building was purchased for $430,000 by paying $172,000 cash and signing a mortgage note payable for the balance. 3. Profit for the year was $124,700. Assuming the company reports under ASPE and all dividends have been paid, prepare the financing activities section of the cash flow statement. (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) Note X: During the year, the company acquired a building with a cost of $ by paying $ cash and incurring a mortgage note payable of \$ Selected information follows for Ivanhoe Select Corporation at December 31: Prepare the investing activities section of the cash flow statement. (Show amounts that decrease cash flow with either a sign e.g. 15,000 or in parenthesis e.g. (15,000)

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