CLASSIFICATION OF CASH FLOWS. The controller of Newstrom Software, Inc., provides the following information as the basis for a statement of cash flows:

REQUIRED:
1. Using the information provided above, calculate the net cash provided (used) by operations.
2. Using the information provided above, calculate the net cash provided (used) by investing activities.
3. Using the information provided above, calculate the net cash provided (used) by financing activities.

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Cash collected from customers $794,000 Cash paid for interest 22,100 Cash paid to employees and other suppliers of goods and services 215,000 Cash paid to suppliers of merchandise 388,000 Cash received from the issuance of short-term debt 12,700 Cash received from sale of equipment 44,000 Cash received from sale of long-term investments 71,400 Income taxes paid 58,300 Payment of dividends Principal payments on mortgage payable Principal payments on short-term debt Proceeds from issuance of common stock Purchase of equipment Purchase of long-term investments 24,000 50,000 15,000 85,000 120,000 83,000