Assume the following information: Item Beginning cash and cash equivalents Cash dividends Amount $110,000 Additions to plant and equipment Depreciation: $ (180,000) $ 40,000 $ (25,000) Additions to long-term investments $ (60,000) Decrease in inventory $ 21,000 Increase in accrued liabilities Issuance of common stock $ 7,000 $ 30,000 Item Gain on sale of equipment Increase in accounts receivable Increase in accounts payable Proceeds from sale of equipment Issuance of bonds payable Decrease in income taxes payable Decrease in prepaid expenses Net income Amount $ (11,000) $ (11,000) $ 5,000 $ 70,000 $ 80,000 $ (4,000) $ 5,000 $ 115,000 During the year, the company did not sell any long-term investments, retire any bonds payable, or repurchase any common stock. Required: 1. Calculate the net cash provided by operating activities. 2. Calculate the net cash provided by (used in) investing activities. 3. Calculate the net cash provided by (used in) financing activities. 4. Calculate the cash and cash equivalents ending balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the net cash provided by operating activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows-Indirect Method Operating activities Net income Depreciation Gain on sale of equipment Decrease in inventory Increase in accrued liabilities Increase in accounts receivable Increase in accounts payable Decrease in income taxes payable Net cash provided by operating activities 40,000 (11,000) 21,000 7,000 (11,000) $ 115,000 5,000 (4,000) 47,000 $ 162,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the net cash provided by (used in) investing activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows-Indirect Method Investing activities Additions to long-term investments Additions to plant and equipment Proceeds from sale of equipment Net cash used in investing activities 70,000 $ 70,000 < Required 1 Required 3 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the net cash provided by (used in) financing activities. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows-Indirect Method Financing activities Cash dividends Issuance of common stock Issuance of bonds payable Net cash provided by financing activities. (25,000) 30,000 80,000 $ 85,000 < Required 2 Required 4 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Calculate the cash and cash equivalents ending balance. Note: Cash outflows and amounts to be deducted should be indicated with a minus sign. Statement of Cash Flows-Indirect Method Beginning cash and cash equivalents $ 110,000 Net cash provided by operating activities Net cash used in investing activities Net cash provided by financing activities Ending cash and cash equivalents 0 $ 110,000 < Required 3 Required 4