Question 58 2 pts During 2019, Tommy's Toys reported the following: long-term debt repayments, $557 million; interest paid, $143 million; proceeds from issuance of common stock, $27 million, and signing a long-term notes payable in exchange for land costing $10 million. What is the 2019 net cash flow from financing activities? $76 million net cash outflow. $530 million net cash outflow. $673 million net cash outflow. $476 million net cash outflow. Question 59 2 pts On March 1, Wright Company purchased new equipment for $50,000 by paying cash. Other costs associated with the equipment were: transportation costs, $1,000; sales tax paid $4,000; and installation cost, $3,000. At what amount will the equipment be recorded on a balance sheet? $51,000. $57,500. $53,500. $58,000. Question 56 2 pts On January 1, 2019, Tonika Company issued a four-year, $10,000, 8% bond. The interest is payable annually each December 31. The bond is issued at par. Assuming no interest expense has been recorded for the bond prior to the year-end. The interest expense on the income statement for the year ended December 31, 2019 is closest to: $677. $883. O $773. $800. Question 57 2 pts Which of the following would be added to net income when determining cash flows from operating activities under the indirect method? O Again on the sale of a depreciable asset. A decrease in accounts payable. An increase in prepaid insurance. Depreciation expense