A comparative balance sheet for Cary Corporation is presente…
A comparative balance sheet for Cary Corporation is presented below. Assets 2020 2019 Cash 93,800 63,900 Accounts receivable 157,600 132,800 Inventory 167,400 176,200 Land 125,400 146,300 Equipment 381,100 358,200 Accumulated depreciation–equipment (167,000) (134,000) Total 758,300 743,400 Liabilities and Stockholders’ Equity Accounts payable 87,500 109,800 Bonds payable 167,000 184,000 Common stock ($1 par) 213,200 213,200 Retained earnings 290,600 236,400 Total 758,300 743,400 Additional information: Net income for 2020 was $101,500; there were no gains or losses. Cash dividends of $47,300 were declared and paid. Bonds payable of $17,000 were retired. Compute each of the following: (Show amounts that decrease cash flow with either a – sign e.g. -15,000 or in parenthesis e.g. (15,000). Round to the nearest dollar. Do NOT put a dollar sign ($) in your answer.) 1. Net cash provided by operating activities $ 2. Net cash provided (used) by investing activities $ 3. Net cash provided (used) by financing activities $