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eBook Hampton Industries had $ 5 3 , 0 0 0 in cash at year - end 2 0 2 0 and $ 1 6

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Hampton Industries had $53,000 in cash at year-end 2020 and $16,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $220,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$110,000. Round your answers to the nearest dollar, if necessary.
What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign.
$
If accruals increased by $40,000, receivables and inventories increased by $170,000, and depreciation and amortization totaled $13,000, what was the firm's net income?

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