Additional information for 2023: 1. Net income was $60,000. This amount includes depreciation expense for $20,000. 2. Paid off a $50,000 bond which matured. 3. Land with a book value of $100,000 was sold for $130,000. 4. A $40,000 payment was made for new equipment. 5. Old machinery was sold for $5,000. Required: Prepare a statement of cash flows, in proper format, for the year ended December 31, 2023.

A machine with a cost of $146,000, accumulated depreciation of $93,000, and current year depreciation expense of $21,000 is sold for $46,400 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice $46,600. $6,600. $21,000.

The following information on selected cash transactions for 2024 has been provided by Riverbed Company: Proceeds from sale of land Proceeds from long-term borrowings Purchases of plant assets. Purchases of inventories Proceeds from sale of Riverbed common stock $311000 O $99000 O $1285000 O $311000 O $394000 606000 212000 1015000 368000 What was the cash provided (used) by investing activities for the year ended December 31, 2024, as a result of the above information?

Additional information: • Depreciation expense is $ 13,300. • Dividends declared and paid in cash of $ 20,000. • In 2020, the equipment will sell for $ 9,700 in cash (the amount sold equipment equals the book value of the equipment). QUESTIONS a. Prepare a 2020 cash flow statement for trading company "MARS" with using the indirect method b. Based on the answer in point a, calculate free cash flow trading company "MARS". Provide an interpretation of the cash flow calculation results.

Pls I need help with this 2 cashflow questions. Find attached Additional information:Equipment which had cost GH¢255, 000 and with a net book value of GH¢ 135,000 and was sold for GH¢96, 000 during the year.The cash proceeds of the sale of asset investments properties amounted to GH¢75,000.Dividends paid during the year amounted to GH¢240,000. Required:Prepare the company’s statement of cash flows for the year ended 31st December 2018, using the indirect method, adopting the format in IAS 7 Statement of cash flows.

View the balance sheet and cash flows, and write a 100 word minimum analysis in complete sentences.   Period Ending: 12/31/2020 12/31/2019 12/31/2018 12/31/2017 Net Income $690,000 -$870,000 -$976,000 -$1,962,000 Cash Flows-Operating Activities         Depreciation $2,502,000 $2,342,000 $2,060,000 $1,727,000 Net Income Adjustments $2,395,000 $1,187,000 $1,043,000 $950,000 Changes in Operating Activities         Accounts Receivable -$652,000 -$367,000 -$497,000 -$25,000 Changes in Inventories -$422,000 -$429,000 -$1,023,000 -$179,000 Other Operating Activities -$1,667,000 -$937,000 -$504,000 -$1,610,000 Liabilities $2,925,000 $1,384,000 $2,082,000 $1,317,000 Net Cash Flow-Operating $5,943,000 $2,405,000 $2,098,000 -$61,000 Cash Flows-Investing Activities         Capital Expenditures -$3,232,000 -$1,432,000 -$2,319,000 -$4,081,000 Investments -- -- -- -- Other Investing Activities $100,000 -$4,000 -$18,000 -$115,000 Net Cash Flows-Investing -$3,132,000…

Requirements Calculate the following items for the statement of cash flows: a. Beginning and ending Plant Assets, Net, were $106,000 and $101,000, respectively. Depreciation for the period was $18,000, and purchases of new plant assets were $26,000. Plant assets were sold at a gain of $5,000. What were the cash proceeds of the sale? b. Beginning and ending Retained Earnings were $44,000 and $70,000, respectively. Net income for the period was $46,000, and stock dividends were $6,000. How much were the cash dividends? Requirement a. Beginning and ending Plant Assets, Net, were $106,000 and $101,000, respectively. Depreciation for the period was $18,000, and purchases of new plant assets were $26,000. Plant assets were sold at a gain of $5,000. What were the cash proceeds of the sale? Cash proceeds from the sale were

Analyzing Cash Flow Effects of Equipment Sale Frontier Company sold equipment on June 30, 2020, for $30,000. The equipment had been depreciated $1,500 for the first six months of 2020, contributing to an accumulated depreciation balance of $10,000 on June 30, 2020. The original cost of the equipment was $50,000. Assuming the indirect method in presenting cash flows from operating activities, indicate any adjustments to net income in the operating activities section and any additions or subtractions in the investing and financing activities sections. • Note: Indicate a subtraction in the cash flow statement with a negative sign in the Amount column. • Note: If an item is not included in the cash flow statement, enter a zero in the Amount column and "N/A" in the Cash Flow Section column. Item Amount Cash Flow Section Depreciation of equipment Loss on sale of equipment Gain on sale of equipment Proceeds from sale of equipment $

Compute netcash provided by operating activities-indirect method. Co., reported net income of $2.5 million in 2022. Depreciation for the year was $160, 000, accounts receivable decrease $350,000, and accounts payable decreased $280,000. Compute net cash provided by operating activities using the indirect method.

Each of the following items must be considered in preparing a statement of cash flows (indirect method) for Turbulent Indigo Inc. for the year ended December 31, 2025. State where each item is to be shown in the statement of cash flows, if at all. a. Plant assets that had cost $20,000 6 years before and were being depreciated on a straight-line basis over 10 years with no estimated scrap value were sold for $5,300. b. C. d. e. f. g. h. Items During the year, 10,000 shares of common stock with a stated value of $10 a share were issued for $43 a share. Uncollectible accounts receivable in the amount of $27,000 were written off against Allowance for Doubtful Accounts. The company sustained a net loss for the year of $50,000. Depreciation amounted to $22,000, and a gain of $9,000 was realized on the sale of land for $39,000 cash. A 3-month U.S. Treasury bill was purchased for $100,000. The company uses a cash and cash equivalent basis for its cash flow statement. Patent amortization for…