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Dylex Corporation's balance sheet accounts as of December 31, 2014 and 2015, and information relating to 2015 activities, are presented below. December 31 2015 2014
Dylex Corporation's balance sheet accounts as of December 31, 2014 and 2015, and information relating to 2015 activities, are presented below. December 31 2015 2014 Assets Cash $837,000 $257,000 Accounts receivable, net 596,000 580,500 Investments (held for trading). 229,000 0 Inventory 523,000 883,500 Property, plant & equipment (PPE). 851,000 862,500 Accumulated depreciation (448,000) (319,500) Patents, net 256,500 280,000 Total assets $2,844,500 $2,544,000 Liabilities and shareholders' equity Accounts payable $369,500 $439,000 Income tax payable 186,500 184,000 Bonds payable 1,008,500 458,500 Common shares 466,000 606,500 Retained earnings 814,000 856,000 Total liabilities and shareholders' equity. $2,844,500 $2,544,000 Information relating to 2015 activities: Cash dividends of $732,000 were declared and paid in 2015. Machinery costing $310,000 and having a carrying amount of $160,000 was sold for $140,000. HET investments consist of treasury bills maturing on February 15, 2016. Changes in other balance sheet accounts resulted from usual transactions and events. Bonds payable were all issued face value. Please make sure your final answer(s) are accurate to the nearest whole number. Determine the following amounts for Dylex Corporation for the year 2015: a) Net cash from operating activities (indirect method) Net cash from operating activities (indirect method) = $ b) Net cash from investing activities Net cash from investing activities = $ c) Net cash from financing activities Net cash from financing activities = $
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