Terps Corp.'s transactions for the year ended December 31, 2021 included the following: Acquired 50% of Gant Corp.'s common stock for $300,000 cash which was borrowed from a bank. Issued 5,000 shares of its preferred stock for land having a fair value of $480,000. Issued 600 of its 11% debenture bonds, due 2026, for $588,000 cash. Purchased a patent for $330,000 cash. Paid $180,000 toward a bank loan. Sold investment securities for $1,194,000. Had a net increase in returnable customer deposits (long-term) of $132,000. Terps Company's net cash provided by investing activities for 2021 was

On june 1, 2017, blossom company was started with an initial investment in the company of $22,360 cash. here are the assets, liabilities, and common stock of the company at june 30, 2017, and the revenues and expenses for the month of june, its first month of operations: cash $4,960 notes payable $12,720 accounts receivable 4,340 accounts payable 840 service revenue 7,860 supplies expense 1,100 supplies 2,300 maintenance and repairs expense 700 advertising expense 400 utilities expense 200 equipment 26,360 salaries and wages expense 1,760 common stock 22,360 in june, the company issued no additional stock but paid dividends of $1,660. prepare an income statement for the month of june.