Financial statements for Caloocan Lumber Yard Co. follow:
		Caloocan Lumber Yard Co.
		Balance Sheet: December 31
		(millions of dollars)
		2019	2020				2019	2020
Cash		2	2.5		Accounts Payable		4	5
Accounts Receivable		3.5	6		Notes Payable		2.5	2.5
Inventory		6	7.5		Accrued Wages		1	1.5
Net, fixed assets		20	19		Accrued Taxes		1.5	1
Total Assets		31.5	35		Long-term Debt		10	10
					Common Stock		5	10
					Retained Earnings		7.5	5
					Total Liabilities and		31.5	35
					and Net Worth
	Caloocan Lumber Yard Co.
	Income Statement: December 31, 2020
	(millions of dollars)
Sales					50
Cost of Goods Sold				25
Selling and Administrative Expenses				7.5
Depreciation				1.5
Interest				1	35
Income before Tax					15
Taxes					5.25
Net Income					9.75

Required: In your solutions, prepare a CASH FLOW STATEMENT to support your answers on the following:

Note: No solutions, no credit

Net Cash Flow

Operating Activities

Investing Activities

Financing Activities