Business
Business, 07.06.2020 02:01, JohnBranks3258

Additional Information: Net income for 2020 was $26,890. Land was sold for cash at a loss of $2,000. Cash dividends were paid during the year. Equipment was purchased for cash. In addition, equipment costing $40,000 with a book value of $13,000 was sold for $14,000 cash. What is the cash flow from operating activities? Group of answer choices $85,290 $86,290 $108,290 $84,290

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Additional Information: Net income for 2020 was $26,890. Land was sold for cash at a loss of $2,000....

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