i am stuck on this problem. here is a pic of the problem
please help me with this. its the last and only ? i need help
thanks in advance
Cash from operating activities:
Cash revenues $58,000
Less cash expenses 50,000 $8,000
Cash from investing activities:
cash paid for purchase of land $(51,000)
Cash from financing activities:
Cash receipt from:
Issue of common stock $60,000
Borrowed from National Bank 42,000
Cash paid for:
Cash dividend $2,000
Paid bank loan 11,000 13,000 $99,000
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