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Hampton Industries had $74,000 in cash at year-end 2018 and $16,000 in cash at year end 2019. The firm invested in property, plant, and equipment

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Hampton Industries had $74,000 in cash at year-end 2018 and $16,000 in cash at year end 2019. The firm invested in property, plant, and equipment totaling $260,000 - the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$210,000. Round your answers to the nearest dollar, if necessary. a. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign $ b. It accruals increased by $15,000, receivables and Inventories increased by $125,000, and depreciation and amortization totaled $65,000, what was the firm's net income? $

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