HIJ Ltd reports the following for the year ended December 31, 2026:

Financial Information	2026	2025
Sales	8,400,000	7,600,000
Cost of goods sold	5,040,000	4,560,000
Selling expenses	840,000	760,000
Administrative expenses	210,000	190,000
Interest expense	80,000	70,000
Gain on sale of machinery	50,000	-
Income tax expense	180,000	170,000

Additional information:

1. Depreciation of $270,000 is included in selling expenses and $90,000 in administrative expenses.
2. Machinery was sold for $600,000 cash. This machinery cost $700,000 and had a carrying value of $550,000.
3. New machinery was purchased for $350,000 cash.
4. Dividends of $360,000 were declared and paid.
5. Purchased 1,000 treasury shares for $100,000.

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.