sault co. had retainted earning of $400'000 and and $50'000 in cash on january 1st.It made net income of $300'000 in year. Amortization expenses was $250'000.Sault
co issued additionl common shares for $ 500,000 and borrowed $600'000 from the bank of ontario.It bought new planted and equipment at a cost of $1'000'000 and sold some unused land for $400'000. Prepare in short form of cash flows for sault co for the year of ended yearbl 31st december 2019?
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