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  1. business
  2. accounting
  3. 1). net income was $14,000 2). dividends declared

1). Net Income was $14,000 2). Dividends declared and paid were $3,000 3). Depreciation Expense...

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Accounting

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1). Net Income was $14,000 2). Dividends declared and paid were $3,000 3). Depreciation Expense was $7,000 4). As of Jan 1,2023,4,000 shares of $1 par value common stock were issued. 5). As of Jan 1, 2023, 1000 shares were reacquired. 6). Fixed assets that cost $10,000, had accumulated depreciation of $4,000 were sold for $7,000 7). 1,000 shares of stock were reacquired during the year. 8) An additional loan of $20,000 was taken out during the year. What is the adjustment in investing activities related to the sale of fixed assets in 2023 ? If the amount appears as a positive in the statement of cash flows, enter it as a positive. If it appears as a negative number in the statement of cash flows, enter a negative sign (-) in front of the number. Do not enter any dollar signs or commas. For example, if the number is negative $4,700, enter -4700

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