Q1) From the given selected data, Calculate:
1. Net cash flow provided (used) by operating activities.
2. Net cash flow provided (used) by investing activities.
3. Net cash flow provided (used) by financing activities.
4. Net increase (decrease) in cash during the year.
5. Cash balance at the end of the year.
| Cash receipts from: |
 |
| Â Customers |
$270,000 |
| Â Investments by owners |
54,000 |
| Â Sale of building |
90,000 |
| Â Proceeds from bank loan |
60,000 |
| Cash payments for: |
 |
| Â Wages |
|
| Â Utilities |
3,000 |
| Â Advertising |
4,000 |
| Â Rent |
36,000 |
| Â Taxes |
67,000 |
| Â Dividends |
20,000 |
| Â Repayment of principal on loan |
40,000 |
| Â Purchase of land |
106,000 |
| Â Cash balance at beginning of year |
$386,000 |