Using information provided below for the year 2020. Opening cash balance for the company- $98,000. Golden...
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Using information provided below for the year 2020. Opening cash balance for the company- $98,000. Golden Bay anticipating $1,004,000 as a cash receipt from the sale of goods. Payment to be made to purchase material was $469,000. Accounts payable interest amounting to $12,000. Tax of $136,000 to be paid. Company selling the stock investment for $1000. Same year company will be purchasing a new plant and equipment for $676,000. 10%, ten-year bonds selling for $300,000 and payment of dividend to its shareholders to be recorded as $36,000. Compute the net cash from operating, financing, and investing activities. Using information provided below for the year 2020. Opening cash balance for the company- $98,000. Golden Bay anticipating $1,004,000 as a cash receipt from the sale of goods. Payment to be made to purchase material was $469,000. Accounts payable interest amounting to $12,000. Tax of $136,000 to be paid. Company selling the stock investment for $1000. Same year company will be purchasing a new plant and equipment for $676,000. 10%, ten-year bonds selling for $300,000 and payment of dividend to its shareholders to be recorded as $36,000. Compute the net cash from operating, financing, and investing activities.
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