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RVCC 2019 NECHE Self-Study

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Reconciliation of noncash activity<br />

Acquisition of capital assets $ 5,873,301 $ 5,998,831<br />

Less: Acquisition of capital assets included in accounts payable at year-end (75,039) (670,933)<br />

Add: Payments on short-term trade accounts used to finance acquisition of capital<br />

assets 670,933 295,017<br />

Payments for the acquisition of capital assets $ 6,469,195 $ 5,622,920<br />

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