(SOLVED) Compute the following items for the statement of cash flows 153583


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$19

Compute the following items for the statement of cash flows:a. Beginning and ending Plant Assets, Net, are $110,000 and $106,000, respectively. Depreciation for the period was $9,000, and purchases of new plant assets were $33,000. Plant assets were sold at a $4,000 loss. What were the cash proceeds of the sale?b. Beginning and ending Retained Earnings are $49,000 and $74,000, respectively. Net income for the period was $58,000, and stock dividends were $7,000. How much were cash dividends?

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