The net income for the year ended on August 31, 2016 for SC Corporation was $130,000....

 

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The net income for the year ended on August 31, 2016 for SC Corporation was $130,000. Additional data for the year is provided below. Loss on retirement of debt Purchase of property, plant & equipment Depreciation of property, plant & equipment Dividends declared Decrease in inventory Loss on sale of equipment $12,000 Issue of common stock in excess of par value $14,900 Calculate the increase or decrease in cash from operating activities. $14,200 $290,000 $18,000 $42,000 $34,000 Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. Increase or decrease in cash from operating activities = $ The net income for the year ended on August 31, 2016 for SC Corporation was $130,000. Additional data for the year is provided below. Loss on retirement of debt Purchase of property, plant & equipment Depreciation of property, plant & equipment Dividends declared Decrease in inventory Loss on sale of equipment $12,000 Issue of common stock in excess of par value $14,900 Calculate the increase or decrease in cash from operating activities. $14,200 $290,000 $18,000 $42,000 $34,000 Do not enter dollar signs or commas in the input boxes. Use the negative sign for a decrease in cash. Increase or decrease in cash from operating activities = $

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