3-8 Cindy and Robert Castillo founded the Castillo Products Company in 2012. The company manufactures components for hand-held electronic products. Year 2012 proved to be a test of the Castillo Products Company's ability to survive. However, sales increased rapidly in 2013 and the firm reported a net income after taxes of $75,000. Depreciation expense was $40,000 in 2013. Following are the Castillo Products Company's balance sheets for 2012 and 2013. 2012 2013 $ 50,000 $ 20,000 $ 200,000 $ 280,000 $ 400,000 $ 500,000 $ 450,000 $540,000 $ (100,000) $ (140,000) $ 350,000 $400,000 Balance sheet Assets Cash Accounts receivable Inventory Gross Fixed Assets Less: Depreciation Net Fixed Assets Liabilities & Equity Accounts payable Accruals Bank loan Long-term debt Common stock Additional paid-in capital Retained earnings $ 130,000 $ 160,000 $ 50,000 $ 70,000 $ 90,000 $ 100.000 $ 300,000 $400,000 $ 150,000 $ 150,000 $ 200,000 $ 200,000 $ 80,000 $ 120,000 a. Calculate Castillo's cash flow from operating activities for 2013. b. Calculate Castillo's cash flow from investing activities for 2013. C. Calculate Castillo's cash flow from financing activities for 2013. d. Prepare a statement of cash flow for 2013 and identify the cash inflows and outflows incurred by the company