Question 37 8 pts Using info below, what is the net cash flow for Fox's 2020 SCFS Operating activities? Income BS Liabs 2020 BS Assets 12/31/20 12/31/19 12/31/2012 Stmt & SE Accts Sales: $900.000 Cash: $ 12,000 $ 4,000 $ 12,000 $ Payable: Taxes CGS: (350,000) Accts Rec: 124,000 102,000 Payable: 8,000 Gross Divs $550.000 AFS Secs: 70,000 36,000 16,000 Profit: Payable: Op. Wages (240,000) Inventory 80,000 120,000 16,000 Exp: Payable: Gain- Prepaid Interest 5.000 10,000 8,000 2,000 Equip.: Rent: Payable: Interest Notes 3,000 Land: 210,000 180,000 Rev. 120,000 1 Payable: Interest Common (6,000) Equipment: 220,000 260,000 16,000 Exp: Stock: Pre-Tax Accum $312,000 (70,000) (50,000) Additional 160,000 1 NI: Depr. PIC: Inc. Tax Retained (80,000) Patents: 94,000 100,000 Exp: 400,000 3 Earnings: 888 A $ 4 % 5 & 7 1 6 8 9 R T Y U o F G H J V B N M , IRIL Payne Interest Notes 3,000 Land: 210,000 180.000 120.000 1 Revi Payable: Interest Common (6,000) Equipment: 220,000 260,000 16.000 Exp: Stock Pre-Tax Accum Additional $312.000 170,000) (50,000) 160,000 1 NI: Depr: PIC: Inc. Tax Retained (80,000) Patents: 94.000 100.000 400,000 3 Exp: Earnings: NI: $232,000 Total: $750,000 $760,000 Totals: $750,000 $7 Notes: 1) The only long-term asset sold in 2020 is Equipment with a $40.000 cost & 20% depreciated when sold. 2) All Depreciation & Amortization Expenses are included in Operating Expense (Op. Exp.) $221.000 $219,000 $215,000 $217,000 O $209,000 888 ! . $ % 5 6 & 7 * 8 a 70 T Y U o F H K V B N M