Cash Flow from Investing and Financing Activities The following balance sheet information is for JT...
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Cash Flow from Investing and Financing Activities The following balance sheet information is for JT Company Cash Other Current Assets Land Equipment Accumulated Depreciation Total Assets Current Liabilities Long-tem Debt Common Stock Retained Earnings Total Liabilities and Equities 2018 $ 45,000 66.000 90.000 150,000 48,000 $303,000 $66,000 75,000 120.000 42.000 $303,000 2019 $36.000 75,000 90.000 324,000 -50.000 $465,000 $78,000 150,000 150.000 87.000 $465,000 The following information is also available: a. No equipment was sold during the year. b. Net income was $75,000. Required: 1. What was net cash provided by (used in) financing activities during 2019? 2. What was net cash provided by (used in) investing activities during 2019
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