Business
Business, 19.08.2021 02:50, TaraDean

During Year 1, El Paso Company had the following changes in account balances: The Accumulated Depreciation account had a beginning balance of $95,000 and an ending balance of $133,000. The increase was due to depreciation expense. The Long-Term Notes Payable account had a beginning balance of $152,000 and an ending balance of $84,000. The decrease was due to repayment of debt. The Equipment Account had a beginning balance of $140,000 and an ending balance of $356,000. The increase was due to the purchase of other operational assets. The Long-Term Investments Account (Marketable Securities) had a beginning balance of $100,800 and an ending balance of $70,000. The decrease was due to the sale of investments at cost. The Dividends Payable account had a beginning balance of $67,200 and an ending balance of $56,000. There were $112,000 of dividends declared during the period. The Interest Payable account had a beginning balance of $12,600 and an ending balance of $7,000. The difference was due to the payment of interest. What is the net cash flow from investing activities

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During Year 1, El Paso Company had the following changes in account balances: The Accumulated Deprec...

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