Use the following information, taken from the Kentucky Company records for the next three questions:...
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Accounting
Use the following information, taken from the Kentucky Company records for the next three questions:
Net Income $58,000
Depreciation Expense 8,000
Payment of Dividends 2,200
Increase in Accounts Receivable 1,400
Cash Receipts on Notes Receivable 6,000
Loss on Sale of 12000
Decrease in Inventories 2,000
Increase in Accounts Payable 2,700
Decrease in Prepaid Expenses 800
Acquisition of Equipment 24,000
Sale of Treasury Stock 13,600
Payment of Long-term Deb t9,000
Proceed from Sale of Land 42,000
The net cash inflow from operating activities would be:
$70,100
$79,900
$82,100
$73,900
The net cash inflow from investing activities would be:
$18,000
$12,000
$6,000
$24,000
The net cash inflow from financing activities would be:
$4,600
$2,400
$8,400
$11,400
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