5 (20 marks) Modern Electronics had the following transactions during the current financial reporting period. Net Loss Depreciation ($63,000) $17,000 Decrease in accounts $26,500 receivable Increase in inventories $10,600 Increase in accounts payable $31,000 Decrease in income taxes $29,500 payable Decrease in wages payable Proceeds on Sale of Equipment Repayment of bonds Issuance of Common shares Proceeds on sale of land Loss on sale of land 4 $11,800 $95,000 $62,000 $26,000 $84,000 $15,000 $21,000 Payment of dividends Required: Determine the cashflow for Operating, Financing and Investing activities for the company and calculate the net change in cash. 3