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Group Exercise, Day 2 Presented below is a condensed version of the comparative balance sheets for Whispering Winds Corporation for the last two years at

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Group Exercise, Day 2 Presented below is a condensed version of the comparative balance sheets for Whispering Winds Corporation for the last two years at December 31. Se cuestions below and enter your answers in Bbleam. Enter any amounts USED by with a minus (-) Cash Accounts receivable Investments Equipment Accumulated depreciation equipment Current liabilities Common stock Retained earnings 2021 $174,900 118,900 69,300 349,100 (94,100) 136,300 137,900 345,700 2020 $44,400 150.500 78,2001 40.700 95,700 v10.400 005+ + 3 175,1001174.000 (66,100) 25.000 93,100 113.200 66,300 171.000 169,700 19110,000 Additional information: Investments were sold at a gain of $6,300; no Investments were purchased, no equipment was sold; and net income was $217,500. Provide the following answers: 1. Net cash provided (used) by operating activities 2. Net cash provided (used) by investing activities 3. Net cash provided (used) by financing activities Cash Flows from Operating Activities Net Income Adjustment to Recono le Net Income to net cash Provided by operating activities cx case. accounts receivable $217,500 10.100) NC increase I decrease in cash cash at neque veriod can at ind of period 130.500 44.400

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