Weston is preparing the companys statement of cash flows

Reference no: EM13568554

Weston is preparing the company's statement of cash flows for the fiscal year just ended. Using the following information, determine the amount of cash flows from investing activities: -Net Income : $182,000 -Gain on Sale of equipment: $12,300 -Proceeds from the sale of equipment: $93,300 -Depreciation expense-Equipment $50,000 -Payment of bonds at maturity $100,000 -Purchase of land $200,000 -Issuance of Common Stock $300,000 -Increase in merchandise inventory $35,400 -Decrease in accounts receivable $28,800 -Increase in accounts payable $23,7000 -Payment of cash dividends $32,000 Question 19 options: A-$(107,700). B-$107,700. C-$(200,000). D-$(139,700). E-$(207,700).

Reference no: EM13568554

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