Please Explain and Give Final Answers! (Questions are highlighted in red) ...
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Accounting
Please Explain and Give Final Answers! (Questions are highlighted in red)
On January 1, 2025, Abel Company purchased three assets for $400,000. The information below relates to the assets that were purchased: In order to make the forklift usable, Abel company had to spend $8,000 to get the forklift in working condition. Information related to the depreciation of the forklift and the bulldozer is given below: Calculate the forklift's book value at December 31, 2028. ABC Company's balance sheets for March appear below: ABC Company's income statement for March is below: Calculate the net cash flow from financing activities reported by ABC Company in its March statement of cash flows. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234)
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