BTB Electronics Inc. manufactures parts, components, and processing equipment for electronics and semiconductor applications in the communications, computer, automotive, and appliance industries. Its sales tend to vary with changes in the business cycle because the sales of most of its customers are cyclical. Balance sheets for BTB as of December 31, Year 7 through Year 9, and income statements for Year 8 and Year 9 are presented below. Determine the following cash flow statement amounts:

a) Net cash flow from operating activities for Year 8

b) Net cash flows from investing activities for Year 8

c) Net cash flows from financing activities for Year 8

d) Net cash flows from operating activities for Year 9

e) Net cash flows from investing activities for Year 9

f) Net cash flows from financing activities for Year 9

BTB Electronics Inc. Balance Sheets (amounts in thousands) Year 9 Year 8 Year 7 $ December 31: ASSETS Cash Accounts receivable Inventories Prepayments Total Current Assets Property, plant, and equipment (net) Other assets Total Assets 367 2,545 2,094 122 5,128 3,919 456 9.503 $ 475 $ 430 3,936 3,768 2,966 2,334 270 116 $ 7,647 $ 6,648 4,520 3,806 559 193 $ 12,726 $ 10.647 $ $ LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable Notes payable to banks Other current liabilities Total Current Liabilities Long-term debt Deferred income taxes Total Liabilities Preferred stock Common stock Additional paid-in capital Retained earnings Total Shareholders' Equity Total Liabilities and Shareholders' Equity $ 796 2,413 695 $ 3,904 1,976 113 $ 5.993 289 85 4,395 (1.259) $ 3,510 $ 9,503 $ 809 $ 1,578 231 11 777 1,076 $ 1,817 $ 2,665 4,614 2,353 89 126 $ 6.520 $ 5.144 289 $ 85 83 4,392 4,385 1.440 1,035 $ 6,206 $ 5,503 $ 12,726 $ 10.647 BTB Electroncs Inc. Income Statements (amounts in thousands) $ Year Ended December 31: Sales Cost of goods sold Selling and administrative expenses Interest expense Income tax expense Net Income Dividends on preferred stock Net Income Available to Common Year 9 12,584 $ (11,953) (3,250) (477) 412 (2,684) $ (15) (2.699 $ Year 8 22,709 (16,485) (4,705) (495) (608) 416 (11) 405 $