2) The following amounts summarizes the financial position of H&R Young corp on May 31.

ASSETS = LIABILITIES + OWNER'S EQUITY

Cash 3,096 Account receiveable 5,832 Supplies 43,380 Account payable 9,720 Capital 42,688

a) Performed services and billed the client for the services randered; $4000

b)Withdrew $2000 for personal use

c) Received $2000 of A/R issued in transaction

(d)Purchased equipment $1300 and paid $300 in cash and the remaining on account

(e) Paid $1450 of electricity bill

How much is the cash flows from operating activities?

A. 2550

. 4550

C. 1450

D. none of them

E. 550

How much is the cash flows from investing activities?

A. - 1300

B. -2300

C. 1700

D. - 300

E. none of them

How much is the cash flows from financing activities?

A. none of them

B. 0

C. 2000

D. - 2000