3. Problem 3.12 (Statement of Cash Flows) Book Hampton Industries had $43,000 in cash at year-end 2020 and $17,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $280,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$230,000. Round your answers to the nearest dollar, if necessary. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign b. If accruals increased by $5,000, receivables and inventories increased by $175,000, and depreciation and amortization totaled $5,000, what was the firm's net income?