Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals.
a. Cash used for purchase of office supplies, $1,900.
b. Cash provided from consulting to customers, $45,600.
c. Cash used for purchase of mining equipment, $73,000.
d. Cash provided from long-term borrowing, $60,000.
e. Cash used for payment of employee salaries, $24,000.
f. Cash used for payment of office rent, $12,000.
g. Cash provided from sale of equipment purchased in c. above, $22,500.
h. Cash used to repay a portion of the long-term borrowing in d. above, $40,000.
i. Cash used to pay office utilities, $4,300.
j. Purchase of company vehicle, paying $10,000 cash and borrowing $15,000.
Required:
Calculate cash flows from operating activities.