The income statement for Catering Company contians the following condensed information: www.wwwwwww Revenues Operating expenses...
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The income statement for Catering Company contians the following condensed information: www.wwwwwww Revenues Operating expenses Depreciation expense Income from operations Income tax expense Net income Comparative balance sheet at December 31: Cash Accounts Receivable Inventories Accounts Payable_ For the Year Ended December 31, 2019 wwww.www.wwwwwwwwwwwwwwwwwwwww Additional Information: 1. Machinery was purchased at a cost of $750000. 2. Company sold machinery for $270000. 3. Cash dividends declared and paid were $200000. wwwwwwwwwwww. CATERING COMPANY Income Statement Q4. What is the net increase in cash? wwwwww wwwwww Q1. What is the net cash provided by operating activities? Q2. What is the net cash used by investing activities? Q3. What is the net cash used by financing activities? $6583000 ($4920000) ($880000) $783000 ($353000) $430000 2019 $648000 775000 834000 521000 2018 $130000 610000 867000 501000
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