During 2019 the barker company had a net income of $75,000. below is information taken from barker’s last two balance sheets: 2018 2019 accounts receivable (all current) 51,000 54,000 long-term accounts receivable 10,000 0 accounts payable (all current) 3,000 4,000 land 100,000 96,000 equipment 50,000 50,000 accumulated depreciation, equipment 3,500 5,000 common stock 4,200 12,200 additional information for 2019: 1. long-term notes receivable related to a loan barker made to another business entity in the amount of $10,000 were paid back in cash before maturity. 2. barker sold a piece of land at a $500 gain. no other land was purchased during the period. 3. dividends in the amount of $2,000 were paid during the year. what was the amount of cash provided by operating activities for 2019?
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During 2019 the barker company had a net income of $75,000. below is information taken from barker’s...
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