Answer Happy

Time Limit: 2:00:00 Time Left:1:47:26 Samuel age 1: The 2021 hinancial statements of Canbuildine are presented below tunit measure in thousand). 2021 2020 Cash 40 Accounts receivable(net) 228 219 Inventory 106 137 Equipment 134 175 Accumulated depreciation equipment (110) (130) Total assets 398 431 e 2: 82 36 107 110 63 398 ess ਕੇ : 107 110 106 431 Accounts payable Dividends payable Long-term loan payable Common shares Retained earnings Total liabilities and shareholders' equity Sales revenues 1.245 Cost of goods sold (655) Depreciation expenses (98) Other operating expenses (324) Net income 168 During fiscal year 2021. Canbuild sold a piece of its equipment. The equipment sold had originally cost $153,000 Required: 1. Prepare Operating activity section of the statement of cash flows, using the indirect method, clearly labelling each cash flow item and ignoring the heading (4.5 points). 2. Determine the amount of cash paid to purchase the new equipment, Clearly show calculations for numbers that are not given (2 points). 3. Determine the amount of cash received from the sale of the equipment, Clearly show calculations for numbers that are not given (3.5 points). 4. Determine the amount of dividends paid. Clearly show calculations for numbers that are not given (4 points) 5. Determine the amount of cash collected from customers. Clearly show calculations for numbers that are not given (2 points). 6. Determine the amount of cash paid to suppliers. Clearly show calculations for numbers that are