E9-58. Calculate change in cash. (LO I, 5)
Given the following information, calculate the change in cash for the year.
|
Cash received from sale of company van |
$ 15,000 |
|
Cash paid for utilities and rent |
5,150 |
|
Cash paid for interest expense during the year |
10,650 |
|
Cash paid for purchase of treasury stock |
25,000 |
|
Cash collected from customers |
68,250 |
|
Cash received from issuance of bonds |
114,500 |
|
Cash paid for salaries |
12,000 |
|
Cash paid to do a major repair of equipment to prolong its useful life for five more years |
32,480 |