Question: Take me to the text The net income for the year ended on August 31, 2020 for RC Corporation was $121,000. Additional data for the
Take me to the text The net income for the year ended on August 31, 2020 for RC Corporation was $121,000. Additional data for the year is provided below. Loss on retirement of debt $16,300 Purchase of property, plant & equipment $269,000 Depreciation of property, plant & equipment $19,100 Dividends declared $56,000 Increase in accounts receivable $31,000 Loss on sale of land $20,000 issue of common shares $13,500 Calculate the increase or decrease in cash from operating activities. 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 = $ Check
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