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  3. 12. use the following selected data and additional

12. Use the following selected data and additional information from the records of XYZ Corp...

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Accounting

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12. Use the following selected data and additional information from the records of XYZ Corp to answer the questions that fonlow: Additional information: (1) Equipment with a cost of $15,000 and a book value of $3,000 was sold for $5,000 during 2019. (2) Common stock was issued during 2019. (3) The only items affecting retained earnings in 2019 were net income and dividends declared and paid. 4) Bonds were retired during 2019. A. What amount was paid to acquire equipment during 2019? B. What amount was recorded as depreciation expense during 2019? C. What amount was declared and paid for dividends during 2019 ? D. Prepare the Investing Activities section of a statement of cash flows for 2019 E. Prepare the Financing Activities section of a statement of cash flows for 2019 F. Prepare the Operating Activities section of a statement of cash flows for 2019 using the indirect method

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