The balance sheet data of Ivanhoe Company at the end of 2017 and2016 are shown below.
| | 2017 | | 2016 |
| Cash | | $29,800 | | | $35,300 | |
| Accounts receivable (net) | | 54,500 | | | 44,900 | |
| Inventory | | 65,000 | | | 44,900 | |
| Prepaid expenses | | 15,200 | | | 24,700 | |
| Equipment | | 90,000 | | | 74,700 | |
| Accumulated depreciation—equipment | | (18,000 | ) | | (8,100 | ) |
| Land | | 70,500 | | | 40,000 | |
| | $307,000 | | | $256,400 | |
| | | | | | |
| Accounts payable | | $64,900 | | | $51,700 | |
| Accrued expenses | | 15,000 | | | 17,800 | |
| Notes payable—bank, long-term | | –0– | | | 22,800 | |
| Bonds payable | | 30,000 | | | –0– | |
| Common stock, $10 par | | 188,000 | | | 157,500 | |
| Retained earnings | | 9,100 | | | 6,600 | |
| | $307,000 | | | $256,400 | |
Land was acquired for $30,500 in exchange for common stock, par$30,500, during the year; all equipment purchased was for cash.Equipment costing $12,900 was sold for $3,000; book value of theequipment was $6,000. Cash dividends of $10,000 were declared andpaid during the year.
Compute net cash provided (used) by:
| (a) | | Net Cash provided/ used by operating activities. | | $ |
| (b) | | Net Cash used/ provided by investing activities. | | $ |
| (c) | | Net Cash used/ provided by financing activities. | | $ |
