Problem
Tech Gear Corp. started the year with $100,000 cash and reported net cash provided by operating activities of $200,000, cash paid for dividends of $40,000, cash received from stock issuance of $30,000, cash paid for equipment purchases of $150,000, cash paid for intangible assets of $100,000, and cash paid on bank loan of $35,000. Calculate the following:
• Net cash provided by (used in) investing activities.
• Net cash provided by (used in) financing activities.
• Ending cash.
• Free cash flow.