Question: Using info below, what is the net cash flow for Fox's 2020 SCFs Investing activities? 2020 Income Stmt BS Assets 12/31/20 12/31/19 BS Liabs &

 Using info below, what is the net cash flow for Fox's

Using info below, what is the net cash flow for Fox's 2020 SCFs Investing activities? 2020 Income Stmt BS Assets 12/31/20 12/31/19 BS Liabs & SE 12/31/20 12/31/19 Sales: $900,000 Cash: Accts $ 12,000 $ 14,000 Payable: $ 12,000 $80,000 Taxes CGS: (350,000) Accts Rec 124,000 102,000 8,000 12,000 Payable: Gross Divs $550,000 AFS Secs: 70,000 Profit: 36,000 16,000 20,000 Payable: Op. (240,000) Inventory: Wages 80,000 120,000 16,000 8,000 Exp: Payable: Gain - Prepaid Interest 5,000 10,000 8,000 2,000 Equip: Rent: Payable: Interest Notes 3,000 Land: 250,000 180.000 120.000 138,000 Rev: Payable: Interest Common (6,000) Equipment: 180,000 260,000 16.000 15,000 Exp: Stock: Pre-Tax Accum Additional $312,000 (70,000) (50.000) 160,000 147,000 NI: Depr: PIC: Income Retained (80,000) Patents: 94,000 100.000 400,000 350,000 : Earnings: NI: $232,000 Totals: $750,000 $770,000 Total: $750,000 $770,000 Notes: 1) The only long-term asset sold in 2020 is Equipment with an $80,000 cost & 30% depreciated when sold. 2) All Depreciation & Amortization Expenses are included in Operating Expense (Op.Exp.) )

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