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The following data is supplied from the comparative balance sheets and income statement information from Moreno,Inc.Moreno uses the indirect method to prepare the statement of cash flows.Net income for 2016 was $40,000.No long term assets were sold during the year.During 2016,Moreno paid dividends of $24,000.
Use the following to answer questions The following data is supplied from the comparative balance sheets and income statement information from Moreno,Inc.Moreno uses the indirect method to prepare the statement of cash flows.Net income for 2016 was $40,000.No long term assets were sold during the year.During 2016,Moreno paid dividends of $24,000. Use the following to answer questions 128 ― 130: -Prepare the investing activities section of Moreno's statement of cash flows. Use the following to answer questions 128 ― 130:
-Prepare the investing activities section of Moreno's statement of cash flows.

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