30. Selected financial information follows for Adare Corporation for the year ended March 31, 2018: Cash, July 1 $ 40,000 Cash payments for operating activities 109,000 Cash paid for equipment 40,000 15,000 Repayment of long-term debt Cash dividends paid Cash receipts from operating activities 13,000 158,000 Instructions (a) Classify each of the above items, except for cash at the beginning of the year, as an operating, investing, or financing activity. (b) Prepare a statement of cash flows for Adare Corporation for the year. (c) Comment on the adequacy of cash provided by operating activities to fund the company's investing activities