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1. what is the cash in flow from financing activities 2. what is the cash in flow from operating activities 3. what is the cash

1. what is the cash in flow from financing activities
2. what is the cash in flow from operating activities
3. what is the cash paid for interest in 2020?
4. cash flow from investing activities should include a cash inflow from the sale of the plant totaling:
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Required information Use the information below for questions 14 to 17. Summer Fun Corporation Income Statement for the year ended December 31, 2020 (millions of S) Revenue (sales) $773 Cost of goods sold 595 Selling, general, and administrative expenses 130 Loss on disposal of plant Interest expense Income tax expense Net income $20 "Includes depreciation expense of $30 million, insurance expense of $8 million, bad debt expense of $6 million, and salaries expense of $86 million. "During 2020, the company purchased two pieces of equipment costing a total of $36 million. Summer Fun also incurred a loss of $6 million on the sale of a plant. Summer Fun Corporation Balance Sheet at December 31 (millions of $) 2020 2019 Cash $ 15 $ 2 Accounts receivable, net 93 Inventory 132 Prepaid insurance | 6 Property, plant, and equipment, gross 195 Accumulated depreciation 55 Total assets $386 $ 40 Accounts payable (inventory) Interest payable Net income $20 "Includes depreciation expense of $30 million, insurance expense of $8 million, bad debt expense of $6 million, and salaries expense of $86 million. ** During 2020, the company purchased two pieces of equipment costing a total of $36 million. Summer Fun also incurred a loss of $6 million on the sale of a plant. Summer Fun Corporation Balance Sheet at December 31 (millions of $) 2020 2019 $ 15 $ 2 Accounts receivable, net 93 79 Inventory 132 120 Prepaid insurance 195 182 Property, plant, and equipment, gross Accumulated depreciation 55 35 Total assets $386 $356 $40 I 201 Accounts payable (inventory) Interest payable Deferred revenue Short-term bank loans Long-term debt Common stock and additional paid in capital Retained earnings Total liabilities and equity 115 90 105 971 $386 $356

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