Clearly label the amount of each answer as positive or negative. You need to show your calculations.

Net income	$369,000	Beginning Accounts Payable	$119,000
Depreciation expense	97,000	Ending accounts payable	146,000
Beginning accounts receivable	420,000	Purchase of equipment for cash	612,000
Ending accounts receivable	439,000	Issuance of long-term debt	200,000
Beginning inventory	516,000	Issuance of stock for cash	160,000
Ending inventory	560,000	Issuance of stock for land	110,000
Beginning prepaid expenses	42,000	Purchase of treasury stock	64,000
Ending prepaid expenses	48,000	Sale of long-term investment at cost	39,000

1. Calculate the amount of cash flows from operations.

2. Calculate the amount of cash flows from investing activities.

3. Calculate the amount of cash flows from financing activities.

4. Calculate the net change in cash.