Calculate the net cash flows from operating activities

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Reference no: EM13895951

The following 20x5 information relates to Taylor, Inc.:

Net Income	$365,000
Depreciation Expense	96,000
Amortization of Intangible Assets	11,000
Beginning Accounts Receivable	420,000
Ending Accounts Receivable	439,000
Beginning Inventory	516,000
Ending Inventory	560,000
Beginning Prepaid Expenses	48,000
Ending Prepaid Expenses	42,000
Beginning Accounts Payable	119,000
Ending Accounts Payable	146,000
Purchase of Long-Term Assets for Cash	616,000
Cash from Issuance of Long-Term Debt	200,000
Issuance of Stock for Cash	160,000
Issuance of Stock for Long-Term Assets	110,000
Purchase of Treasury Stock	64,000
Sale of Long-Term Investment at Cost	39,000

Calculate the net cash flows from operating activities. Show your work.

Calculate the net cash flows from investing activities. Show your work.

Calculate the net cash flows from financing activities. Show your work.

Calculate the net change in cash. Show your work.

Reference no: EM13895951

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