sketchers corporations recent comparative balance sheet and income statement follow 1. purchased a plant asset, 60000 is

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sketchers corporations recent comparative balance sheet andincome statement follow
1. purchased a plant asset, 60000 issued capital stock fullpayment
2. purchased a long term investment in equity securities accountfor cash 20000
3. declared and paid a cash dividend 20000
4. sold plant for 10000 cash(cost 36000, accumulateddepreciation 26000)
5. sold capital stock 1000 shares at 11 per share cash
1. net cash provided by operating activities using the indirectmethod
2. net cash used by financing activities is