The balance sheet data of Brown Company at the end of 2014 and 2013 are shown below.
2014
|
2013
|
|||||
Cash |
$29,610
|
$34,819
|
||||
Accounts receivable (net) |
54,727
|
44,845
|
||||
Inventory |
65,440
|
45,224
|
||||
Prepaid expenses |
14,952
|
24,526
|
||||
Equipment |
89,819
|
74,517
|
||||
Accumulated depreciation—equipment |
(18,477
|
) |
(8,204
|
) | ||
Land |
69,800
|
39,650
|
||||
$305,871
|
$255,377
|
|||||
Accounts payable |
$64,523
|
$52,178
|
||||
Accrued expenses |
14,755
|
17,571
|
||||
Notes payable—bank, long-term |
–0–
|
22,992
|
||||
Bonds payable |
30,268
|
–0–
|
||||
Common stock, $10 par |
188,730
|
158,580
|
||||
Retained earnings |
7,595
|
4,056
|
||||
$305,871
|
$255,377
|
Land was acquired for $30,150 in exchange for common stock, par $30,150, during the year; all equipment purchased was for cash. Equipment costing $12,562 was sold for $3,410; book value of the equipment was $5,540. Cash dividends of $8,630 were declared and paid during the year.
Compute the following: (Show amounts that decrease cash flow with either a – sign e.g. -12,000 or in parenthesis e.g. (12,000).)
(a) | Net Cash
by Operating activities. |
$
by Investing activities. |
$
by Financing activities. |
$
[removed]
|