Question: PLS ANSWER ASAP! Will upvote! Thank you! Given below are the balance sheets as of Dec 31, 1979 and Dec 31,1980 as well as the

PLS ANSWER ASAP! Will upvote! Thank you!
PLS ANSWER ASAP! Will upvote! Thank you! Given below are the balance
sheets as of Dec 31, 1979 and Dec 31,1980 as well as

Given below are the balance sheets as of Dec 31, 1979 and Dec 31,1980 as well as the income statement. During the year, a specialized machine that originally cost 15M was sold. The accumulated depreciation of this machine at the time of the sale was 8M. The machine was sold for 6M and full payment was received in cash. Yearly amortization of intangible asset stands at 6M. Do a funds flow statement on cash basis: \begin{tabular}{|l|l|l|l|} \hline OPERATING AC TIVITIES \\ \hline Sources of Cash & Amount & Uses of Cash & Amount \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} NET CASH GENERATED BY FINANCING ACTIVITIES = NET CHANGE IN CASH =

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