FGH Ltd reports the following for the year ended December 31, 2034:

Financial Information	2034	2033
Sales	18,000,000	16,800,000
Cost of goods sold	10,800,000	10,080,000
Selling expenses	1,800,000	1,680,000
Administrative expenses	450,000	420,000
Interest expense	240,000	220,000
Gain on sale of machinery	130,000	-
Income tax expense	340,000	320,000

Additional information:

1. Depreciation of $510,000 is included in selling expenses and $170,000 in administrative expenses.
2. Machinery was sold for $2,000,000 cash. This machinery cost $2,200,000 and had a carrying value of $1,800,000.
3. New machinery was purchased for $1,100,000 cash.
4. Dividends of $680,000 were declared and paid.
5. Purchased 2,600 treasury shares for $260,000.

Requirements:

1. Calculate the cash flows from operating activities.
2. Determine the cash flows from investing activities.
3. Compute the cash flows from financing activities.
4. Identify the ending cash balance.
5. Prepare a reconciliation of net income to cash provided by operating activities.