Sheridan's Organic Produce Market had the following transactions during 2022: 1. Issued $47000 of common stock at par for cash. 2. Repaid a 6 year note payable in the amount of $21400. 3. Acquired land by issuing common stock at par for $95000. 4. Declared and paid a cash dividend of $2000. 5. Sold a long-term investment (cost $3400) for cash of $8000. 6. Acquired an investment in IBM stock for cash of $15300. What is the net cash provided (used) by investing activities? $8000 $31000 $15300 ($7300)
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- Windsor, Inc. had the following transactions during 2022:1. Issued $215000 of par value common stock for cash.2. Recorded and paid wages expense of $103200.3. Acquired land by issuing common stock of par value $86000.4. Declared and paid a cash dividend of $17200.5. Sold a long-term investment (cost $5160) for cash of $5160.6. Recorded cash sales of $688000.7. Bought inventory for cash of $275200.8. Acquired an investment in Zynga stock for cash of $36120.9. Converted bonds payable to common stock in the amount of $860000.10. Repaid a 6-year note payable in the amount of $378400.What is the net cash provided by operating activities? $524600. $498800. $412800. $309600.XYZ Inc. had the following transactions during 2025: 1. Issued $250000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $128500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $21600. 5. Sold a land (cost $6000) for cash of $6000. 6. Recorded cash sales of $820000. 7. Bought inventory for cash of $268000. 8. Acquired equipment for cash of $43100. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $427000. What is the net cash provided (used) by financing activities? O $228400 O $777000 O $(198600) O $(1198600)Whispering Winds Corp.had the following transactions during 2022:1. Issued $182500 of par value common stock for cash.2. Recorded and paid wages expense of $87600.3. Acquired land by issuing common stock of par value $73000.4. Declared and paid a cash dividend of $14600.5. Sold a long-term investment (cost $4380) for cash of $4380.6. Recorded cash sales of $584000.7. Bought inventory for cash of $233600.8. Acquired an investment in Zynga stock for cash of $30660.9. Converted bonds payable to common stock in the amount of $730000.10. Repaid a 6-year note payable in the amount of $321200.What is the net cash provided by investing activities?
- Bramble's Vegetable Market had the following transactions during 2020: 1. Issued $50000 of par value common stock for cash. 2. Repaid a 6 year note payable in the amount of $23200. 3. Acquired land by issuing common stock of par value $103000. 4. Declared and paid a cash dividend of $2300. 5. Sold a long-term investment (cost $2800) for cash of $8000. 6. Acquired an investment in IBM stock for cash of $15500. What is the net cash provided used by investing activities? ($7500) $8000 $15500 $31900Whispering Winds Corp. had the following transactions during 2022:1. Issued $235000 of par value common stock for cash.2. Recorded and paid wages expense of $112800.3. Acquired land by issuing common stock of par value $94000.4. Declared and paid a cash dividend of $18800.5. Sold a long-term investment (cost $5640) for cash of $5640.6. Recorded cash sales of $752000.7. Bought inventory for cash of $300800.8. Acquired an investment in Zynga stock for cash of $39480.9. Converted bonds payable to common stock in the amount of $940000.10. Repaid a 6-year note payable in the amount of $413600.What is the net cash provided by financing activities? $216200. $(197400). $742600. $1137400.Bramble Corp. had the following transactions during 2025: 1. Issued $270000 of par value common stock for cash. 2. Recorded and paid salaries and wages expense of $113500. 3. Acquired land by issuing common stock valued at $100000. 4. Declared and paid a cash dividend of $15500. 5. Sold land(cost $6000) for cash of $6000. 6. Recorded cash sales of $810000. 7. Bought inventory for cash of $331000. 8. Acquired equipment for cash of $46900. 9. Converted bonds payable to common stock in the amount of $1000000. 10. Repaid a 6-year note payable in the amount of $403000. What is the net cash provided (used) by investing activities? O $456100 O $859100. O ($140900). O ($40900).
- Pina Colada Corp. had the following transactions during 2022:1. Issued $302500 of par value common stock for cash.2. Recorded and paid wages expense of $145200.3. Acquired land by issuing common stock of par value $121000.4. Declared and paid a cash dividend of $24200.5. Sold a long-term investment (cost $7260) for cash of $7260.6. Recorded cash sales of $968000.7. Bought inventory for cash of $387200.8. Acquired an investment in Zynga stock for cash of $50820.9. Converted bonds payable to common stock in the amount of $1210000.10. Repaid a 6-year note payable in the amount of $532400.What is the net cash provided by financing activities? $1464100. $(254100). $278300. $955900.Coronary, Inc. had the following transactions during 2020: Purchased new fixed assets for $35,000 Converted $20,000 worth of preferred shares to common shares Received cash dividends of $11,000. Paid cash dividends of $20,000. • Repaid mortgage principal of $17,000 . . . Assuming Coronary follows U.S. GAAP, which of the following amounts represents Coronary's cash flows from investing and cash flows from financing in 2020? Investing: ($35,000); Financing: ($37,000) Investing: ($24,000); Financing: ($26,000) Investing: ($35,000): Financing: ($26,000)Marigold Corp.had the following transactions during 2022:1. Issued $257500 of par value common stock for cash.2. Recorded and paid wages expense of $123600.3. Acquired land by issuing common stock of par value $103000.4. Declared and paid a cash dividend of $20600.5. Sold a long-term investment (cost $6180) for cash of $6180.6. Recorded cash sales of $824000.7. Bought inventory for cash of $329600.8. Acquired an investment in Zynga stock for cash of $43260.9. Converted bonds payable to common stock in the amount of $1030000.10. Repaid a 6-year note payable in the amount of $453200.What is the net cash provided by investing activities? $436720 ($140080). $889920. ($37080).
- In 2018, Jubilee Company repurchased its own stock at a cost of $55,000. During theyear, the company purchased land with cash for $120,000 and issued bonds payable for$500,000. Net cash provided by financing activities for the year would have beena. $675,000.b. $325,000.c. $445,000.d. $555,000.Kiley corporation had these transactions during 2022. Indicate whether each transactions is an operating activity, investing activity, financing activity, or noncash investing and financing activity (a) purchased a machine for $30000, giving a long term note in exchange (b) issued $50,par value common stock for cash(c) issued $200000 par value common stock upon conversion of bonds having face value of $20000 (d) declared and paid a cash dividend of $13000 (e) sold a long term with a cost of $15000 for $15000 cash (f) collected $16000 from sale of good (g) paid $18000 to suppliersHow would I do the statement of cash flows? (The startup uses straight line when depreciating long-term assets and a perpetual inventory system. It has an estimated tax rate of 35%.) Jan 1st, issued 500 shares of common stock ($0.10 par value) for $50,000. Feb 1st, paid $25,000 to purchase equipment (estimated useful life 10 years; salvage value = 1,540). Feb 28th, issued 100 shares of common stock ($0.10 par value) for $20,000. June 30th, paid $175,000 for a land by signing a 5 year Note Payable, promising to pay 5% interest on June 30th of each of those 5 years. July 1st, purchased 500 units of inventory at $15 each. $2,000 was paid in cash, the rest was on account. July 30th, sold 220 units of inventory for $63 each on account. The inventory came with a 1 year warranty. The company expects that providing the warranty will cost 1% of the sales made. Aug 2nd, incurred $450 of wages expense. Aug 5th, collected $2500 of accounts receivable. Aug 31st, paid $450 of wages payable. Sept…