Question: Prepare a cash flow statement from investing activities. Description $ Collections on loans 260,000 Cash paid to acquire plant assets -3,100,000 Proceeds from sales of

Prepare a cash flow statement from investing activities.



Description$

Collections on loans260,000

Cash paid to acquire plant assets-3,100,000

Proceeds from sales of plant assets580,000

Decrease in accrued income taxes payable13,000

Dividends paid-120,000

Depreciation expense115,000

Proceeds from issuing bonds payable2,500,000

Decrease in accounts receivable70,000

Increase in accounts payable to suppliers8,000

Loans made to borrowers-500,000

Increase in accrued interest payable9,000

Increase in accrued interest receivable3,000

Increase in inventories35,000

Increase in short-term prepayments5,000

Gain on sales of marketable securities4,000

Decrease in accrued operating expenses payable29,000



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