Cash flows Amazon.com, an Internet retailer, was incorporated and began operation in the mid-90s. On the statement of cash flows, would you expect Amazon.com’s net cash flows from operating, investing, and financing activities to be positive or negative for its first three years of operations? Use the following format for your answers, and briefly explain your logic.

First Year Second Year Third Year Net cash flows from operating activities negative Net cash flows from investing activities Net cash flows from financing activities