Question: USE THE DATA IN THE TABLE BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS LebroJames, Inc. Balance Sheets for the Years Ending December 31, All amounts

USE THE DATA IN THE TABLE BELOW TO ANSWER THE
USE THE DATA IN THE TABLE BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS LebroJames, Inc. Balance Sheets for the Years Ending December 31, All amounts are in dollars) Year 1 Year 2 Cash 30,960 32,200 Accounts receivable 185,760 177,100 Inventory 294, 120 322,000 Total current assets 510,840 531,300 Gross fixed assets 1,207,440 1,255,800 (Accumulated depreciation) (232,200) (241,500) Net fixed assets 975,240 1,014,300 Land 61,920 64,400 Total assets 1,548,000 1,610,000 Notes payable 46,440 32,200 Accounts payable 139,320 128,800 Accruals 15,480 48,300 Current portion of LT Debt 108,360 128,800 Total current liabilities 309,600 338, 100 Long-term debt 340,560 338, 100 Common stock 278,640 289,800 Paid in capital 77,400 80,500 Retained earnings 541,800 563,500 Total liabilities and equity 1,548,000 1,610,000 Additional Data from Company Income Statement(s): Sales in Year 2 3,220,000 Net income in Year 2 18,830 * No long-term assets were sold in either Year 1 or Year 2 29. What did LebroJames, Inc. report as Net Cash Flow from Operating Activities for Year 2? 30. What did LebroJames, Inc. report as Net Cash Flow from Investing Activities for Year 2? 31. What did LebroJames, Inc. report as Net Cash Flow from Financing Activities for Year 2

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