Using the information below, calculate net cash flows from operating activities: Net income $ 120,000
Receive cash from issuing stock 80,000
Pay cash for equipment 90,000
Increase in accounts receivable 10,000
Depreciation expense $ 30,000
Increase in accounts payable 5,000
Receive cash from sale of land 75000
Pay cash dividends 20000
1. Calculate net cash flows from investing activities
a) $(165,000).
b) $15,000.
c) $60,000.
d) $(15,000).
2. Calculate net cash flow from operating activities
a) $115,000.
b) $155,000
c) $145,000.
d) $190,000
3. Calculate net cash flow from financing activities
a) $60,000.
b) $(15,000).
c) $100,000.
d) $80,000.