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In order to prepare the statement of cash flows for Rag Dolls Corporation for 2010, the accountan...

In order to prepare the statement of cash flows for Rag Dolls Corporation for 2010, the accountant has compiled the following data regarding cash flows:

                  Cash paid to acquire marketable securities.......................................... $  370,000

                  Proceeds from sale of marketable securities............................................. 17,500

                  Proceeds from issuance of capital stock................................................... 280,000

                  Proceeds from issuance of bonds payable.................................................. 55,000

                  Payments to settle short-term debt............................................................ 32,500

                  Interest and dividends received................................................................... 10,000

                  Cash received from customers.............................................................................. ?     

                  Dividends paid............................................................................................ 130,000

                  Cash paid to suppliers and employees.................................................... 1,030,000

                  Interest paid................................................................................................. 25,000

                  Income taxes paid........................................................................................ 70,000

                  Cash and cash equivalents, January 1, 2010................................................ 43,000

                  Cash and cash equivalents, December 31, 2010.......................................... 58,000

                  Using the above information, indicate the best answer for each question in the space provided.

                 3       Rag Dolls’ cash flow from operating activitiesduring 2010 is:

                          a       $45,000 net cash provided by operating activities.

                          b       $1,155,000 net cash used by operating activities.

                          c       $240,000 net cash provided by operating activities.

                          d       $195,000 net cash provided by operating activities.

                 4       In the 2010 statement of cash flows for Rag Dolls Corporation, the amount of cashreceived from customersis:

                          a       $1,310,000.

                          b       $1,103,000.

                          c       $1,233,000.

                          d       $1,293,000.

I need step by step solution to these two questions.

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cash flow from operating activities Cash and cash equivalents, 31 December 2010 Cash and cash equivalents, 1 January, 2010 ca

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