1.	What is the amount of the net increase or decrease in cash and cash equivalents that would be shown on the companys statement of cash flows?
2.	What net income would the company include on its statement of cash flows?
3.	How much depreciation would the company add to net income on its statement of cash flows?
4.	If the company debited Accounts Receivable and credited Sales for $1,320,000 during the year, what is the total amount of credits recorded in Accounts Receivable during the year?

5. What is the amount and direction (+ or ?) of the accounts receivable adjustment to net income in the operating activities section of the statement of cash flows?

6. If the company debited cost of goods sold and credited inventory for $880,000 during the year, what is the total amount of inventory purchases recorded on the debit side of the Inventory T-account and the credit side of the Accounts Payable T-account?

7. What is the total amount of the debits recorded in the Accounts Payable T-account during the year?

8. What is the combined amount and direction (+ or ?) of the inventory and accounts payable adjustments to net income in the operating activities section of the statement of cash flows?

9. If the company debited income tax expense and credited income taxes payable $1,660 during the year, what is the total amount of the debits recorded in the Income Taxes Payable account?

10. What is the amount and direction (+ or ?) of the income taxes payable adjustment to net income in the operating activities section of the statement of cash flows?

11. Would the operating activities section of the companys statement of cash flows contain an adjustment for a gain or a loss? What would be the amount and direction ( + or ? ) of the adjustment?

12. What is the amount of net cash provided by (used in) operating activities in the companys statement of cash flows?

13. What is the amount of gross cash outflows reported in the investing section of the companys statement of cash flows?

14. What is the companys net cash provided by (used in) investing activities?

15. What is the amount of gross cash inflows reported in the financing section of the companys statement of cash flows?

16. What is the companys net cash provided by (used in) financing activities?