The ceo and cfo from lawrence hotels, inc., are reviewing company performance for 2018. the income statement reports a 25% increase in net income over 2017. however, most of the increase resulted from a gain on insurance proceeds from fire damage to a building. the balance sheet shows a large increase in receivables. the cash flows statement, in summarized form, reports the following: net cash used for operating activities (63,500$)net cash provided by investing activities 42,000net cash provided by financing activities 29,100increase in cash during 7,600$write a memo giving jolson hotels' top executives your assessment of 2016 operations and your outlook for the future. focus on the information content of the cash flows data.