Additional information:
Equipment costing $100,000 was sold for $70,000.Accumulated depreciation on this equipment was $20,000.
Dividends of $38,000 were declared and paid.
Bonds were issued at face value of $300,000.
Common stock of $55,000 was issued to acquire land.
Investments (stock in IBM)were purchased for $275,000.
Using the information provided,prepare the cash flows from operating activities for The Dolmen Company.

Question

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The Answer of     Additional information:
Equipment costing $100,000 was sold for $70,000.Accumulated depreciation on this equipment was $20,000.
Dividends of $38,000 were declared and paid.
Bonds were issued at face value of $300,000.
Common stock of $55,000 was issued to acquire land.
Investments (stock in IBM)were purchased for $275,000.
Using the information provided,prepare the cash flows from operating activities for The Dolmen Company.

Additional Information: Equipment Costing $100,000 Was Sold for $70,000.Accumulated Depreciation on This