Question: (Please show all work) Please solve Part b Additional information 1. Purchased a plant asset, $108,000; issued common stock in full payment. 2. Purchased a

(Please show all work) Please solve Part b

(Please show all work) Please solve Part b Additional information 1. Purchaseda plant asset, $108,000; issued common stock in full payment. 2. Purchaseda long-term investment in equity securities for cash, $36,000. 3. Declared andpaid cash dividend, $36,000. 4. Sold plant asset for $18,000 cash (cost,

$64,800; accumulated depreciation, $57,600 ). 5. Issued common stock, 1,800 shares at

Additional information 1. Purchased a plant asset, $108,000; issued common stock in full payment. 2. Purchased a long-term investment in equity securities for cash, $36,000. 3. Declared and paid cash dividend, $36,000. 4. Sold plant asset for $18,000 cash (cost, $64,800; accumulated depreciation, $57,600 ). 5. Issued common stock, 1,800 shares at $11 per share cash. Required Required a. Prepare a cash flow worksheet. Preparing a Cash Flow Worksheet Required Cash Flow Worksheet Cash Flow Reconciliation \begin{tabular}{|l|r|} \hline \multicolumn{1}{|c}{ Cash Flow Reconciliation } & \multicolumn{1}{c|}{ Amount } \\ \hline Net cash provided (used) by operating activities & $432,000 \\ \hline Net cash provided (used) by investing activities & 18,000 \\ \hline Net cash provided (used) by financing activities & 0 \\ \hline Net change in cash and cash equivalents & 0 \\ \hline Cash and cash equivalents, January 1 & 0 \\ \hline Cash and cash equivalents, December 31 & $0 \\ \hline \hline \end{tabular} Noncash Transaction Amount Purchase of plant assets with stock $0 Check

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