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STATEMENT OF CASH FLOWS

Hampton Industries had $$42,000$ in cash at year$-$end $2015$ and $$25,000$ in cash at year$-$end $2016.$ The firm invested in property, plant, and equipment totaling $$120,000.$ Cash flow from financing activities totaled $+$$$120,000.$ Round your answers to the nearest dollar, if necessary.

a$.$ What was the cash flow from operating activities? Enter cash outflows with a minus sign.

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b$.$ If accruals increased by $$15,000,$ receivables and inventories increased by $$185,000,$ and depreciation and amortization totaled $$19,000,$ what was the firm's net income?

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