Need help with the red box. Thank you
Extracted text: CALCRATOR ASSIGNMENT RESOURCES ACC-370 TOPIC 03 ASSIGNMENT Exercise 4-13 Cash Flows from Investing Activities Sale of Land DExercise 4-16 Problem 4-04 (Part Level Submission) Problem 4-07 Exercise 5-12 2Exercise 5-16 (Part Level Submisssion) Problem 5-3 39120.00 Purchase of Equipment ($59880.00) Net Cash Used by Investing Activities ($20760.00) Cash Flows from Financing Activities Review Score Review Results by Study Objective Payment of Cash Dividends ($65,540.00) Net Cash Used by Financing Activities ($65540.00) 50880 Net Increase in Cash .... Cash at Beginning of Year 22000 .... Cash at End of Year 72880.00 of bonds outstanding Issued common stock to retire $ LINK TO TEXT 9/2020 Type here to search
Extracted text: SySteni cements CALCULATOR PRIATER VER T RESOURCES OPIC 03 NT Exercise 5-16 (Part Level Submission) A comparative balance sheet for Vaughn Corporation is presented as follows. 4-13 December 31 2020 $72,880 84,590 182,590 73,590 262,590 (71,590) $604,650 4-16 Assets Cash Accounts receivable Inventory Land Equipment Accumulated Depreciation-Equipment Total Liabilities and Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total 2019 4-04 (Part omission) $ 22,000 68,710 191,710 112,710 202,710 (44,710) 4-07 5-12 5-16 (Part emission) 5-3 $553,130 $ 36,590 150,000 214,000 204,060 $604,650 $ 49,710 200,000 164,000 139,420 $553,130 re sults by Study Additional information: 1. Net income for 2020 was $130,180. No gains or losses werer in 2020. 2. Cash dividends of $65,540 were declared and paid. 3. Bonds payable amounting to $50,000 were retired through isuance of common stock. (a) Your answer is partially correct. Try again. Cornoration. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or pare