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  3. description $ collections on loans 260,000 ca

Description $ Collections on loans 260,000 Cash paid to acquire...

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Accounting

Description $
Collections on loans 260,000
Cash paid to acquire plant assets -3,100,000
Proceeds from sales of plant assets 580,000
Decrease in accrued income taxes payable 13,000
Dividends paid -120,000
Depreciation expense 115,000
Proceeds from issuing bonds payable 2,500,000
Decrease in accounts receivable 70,000
Increase in accounts payable to suppliers 8,000
Loans made to borrowers -500,000
Increase in accrued interest payable 9,000
Increase in accrued interest receivable 3,000
Increase in inventories 35,000
Increase in short-term prepayments 5,000
Gain on sales of marketable securities 4,000
Decrease in accrued operating expenses payable 29,000Prepare a cash flow statement from investing activities.

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