Burns Corporation's net income last year was $93,700. Changes in the company's balance sheet accounts for the year appear below:

The company did not dispose of any property, plant, and equipment, sell any long-term investments, issue any bonds payable, or repurchase any of its own common stock during the year. The company declared and paid a cash dividend of $4,200.

a. Prepare the operating activities section of the company's statement of cash flows for the year.

(Use the indirect method.) (Amounts to be deducted and cash outflows should be indicated

with a minus sign.)

b. Prepare the investing activities section of the company's statement of cash flows for the year.

(Amounts to be deducted and cash outflows should be indicated with a minus sign.)

c. Prepare the financing activities section of the company's statement of cash flows for the year.

(Amounts to be deducted and cash outflows should be indicated with a minus sign.)

Increases (Decreases) Asset and Contra-Asset Accounts: Cash and cash equivalents Accounts receivable Inventory Prepaid expenses Long-term investments Property, plant, and equipment Accumulated depreciation Liability and Equity Accounts: $ 18,100 $ 13,800 $ (16,800) $ 4,200 $ 11,000 $ 72,100 $ 33,200 Accounts payable Accrued liabilities Income taxes payable Bonds payable $ (19,400) $ 17,000 $ 4,300 $ (65,400) $ 43,200 $ 89,500 Common stock Retained earnings