Net cash provided by operating activities for the year ended December 31, 2022, was $125,800. The cash balance on December 31, 2022, was $68,200. The net decrease in cash for the year was $39,700. Net cash used by financing activities was $49,900. Required: Calculate net cash provided (used) by investing activities for the year ended

College Accounting, Chapters 1-27
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ISBN:9781337794756
Author:HEINTZ, James A.
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Chapter23: Statement Of Cash Flows
Section: Chapter Questions
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Mini-Exercise 9-5 (Algo) Statement of cash flows relationships LO
9-9
Net cash provided by operating activities for the year ended December 31, 2022, was
$125,800. The cash balance on December 31, 2022, was $68,200. The net decrease
in cash for the year was $39,700. Net cash used by financing activities was $49,900.
Required:
Calculate net cash provided (used) by investing activities for the year ended
December 31, 2022, and the January 1, 2022, cash balance.
Note: Amounts to be deducted should be indicated with a minus sign.
Cash balance, January1, 2022
Cash balance, December 31, 2022
Transcribed Image Text:Mini-Exercise 9-5 (Algo) Statement of cash flows relationships LO 9-9 Net cash provided by operating activities for the year ended December 31, 2022, was $125,800. The cash balance on December 31, 2022, was $68,200. The net decrease in cash for the year was $39,700. Net cash used by financing activities was $49,900. Required: Calculate net cash provided (used) by investing activities for the year ended December 31, 2022, and the January 1, 2022, cash balance. Note: Amounts to be deducted should be indicated with a minus sign. Cash balance, January1, 2022 Cash balance, December 31, 2022
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