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What is the net cash increase for the period

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Reference no: EM132492647

Transaction :

  • Depreciation Expense $ 15,000 Cash Payment of Dividends $ 6,000
  • Cash Receipts from Sale of Stock 4,000 Cash Receipts from Sale of Equipment 25,000
  • Increase in Merchandise Inventory 3,000 Increase in Total Current Liabilities 14,000
  • Cash Purchase of Equipment 20,000 Net Income 40,000

Question 1: What is the Cash provided by Operating Activities? $66,000

Question 2: What is the net Cash increase or (decrease) for the period? $69,000

Reference no: EM132492647

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