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Use the indirect method of preparing a statement of cash flows to answer the question.
Ending balances for Sunday Hut are listed below:
Net income for this year was $97,000 and dividends of $24,000 were declared and paid this year.
What was the net cash used for investing activities?
Returns Favors
Describes the act of reciprocating or doing something for someone because they have done something for you, embodying the principle of reciprocity.
Prisoner's Dilemma
A game theory scenario where two individuals acting in their own self-interest do not produce the optimal outcome for either party.
Confess
To admit or acknowledge something that one has done, especially something wrong or socially unacceptable.
Aid
Assistance provided to individuals, groups, or countries in the form of goods, services, or financial support, often in times of crisis or need.
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