Below is the balance sheet for Northern Comfort Company for December 31 of 2020 and 2021.

	2020	2021			2020	2021
Cash	950	1,000		Accounts payable	2,850	3,000
Accounts receivable	2,850	3,000		Current liabilities	2,850	3,000
Inventory	2,850	3,000		Long-term debt	5,700	6,000
Current assets	6,650	7,000		Total liabilities	8,550	9,000
Net fixed assets	12,350	13,000		Equity	10,450	11,000
Total assets	19,000	20,000		Total liab. & equity	19,000	20,000

The income statement for 2021 is also given:

	Amount
Sales	48,000
Cost	26,400
Depreciation	4,800
EBIT	16,800
Interest	4,800
Taxes	3,000
Net income	9,000

The company paid $8,450 in dividends to shareholders at the end of the year. The company has not made any investments in other companies.

Attempt 2/3 for 8 pts.

Part 1

What was the cash flow from operating activities?

Attempt 1/3 for 10 pts.

Part 2

What was the cash flow from long-term investing activities?

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Attempt 1/3 for 10 pts.

Part 3

What was the cash flow from financing activities?

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Attempt 1/3 for 10 pts.

Part 4

What was the net cash flow for the year?

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