$50,000 $40,000 Cash Flows for Competing Companies $30,000 Cash Inflows Gadberry $20,000 $10,000 SO $(10,000) $(20,000) Cash Outflows $(30,000) $(40,000) Nessly Nessly Financing Activities: $25,000 Nessly Investing Activities: $15,000 Nessly Operating Activities: $(30,000) Gadberry Financing Activities: $(34,000) Gadberry. Investing Activities: $(4,000) $(50,000) Tootsey Tootsey Operating Activities: $10,000 Tootsey Financing Activities: $46,000 Tootsey Investing Activities: $(9,000) Operating Activities Investing Activities Financing Activities Net Income (Loss) for Competing Companies