In order to prepare the statement of cash flows for Toy Blocks Corporation for 2008, the accountant has compiled the following data regarding cash flows:
	Cash paid to acquire marketable securities	$370,000
	Proceeds from sales of marketable securities	17,500
	Proceeds from issuance of capital stock	280,000
	Proceeds from issuance of bonds payable	55,000
	Payments settle short-term debt	32,500
	Interest and dividends received	10,00
	Cash received from customers	?
	Dividends paid	130,000
	Cash paid to suppliers and employees	1,030,000
	Interest paid	25,000
	Income taxes paid	70,000
	Cash and cash equivalents, January 1, 2008	43,000
	Cash and cash equivalents, December 31, 2008	58,000
	Using the above information, indicate the best answer for each question in the space provided.

1. Toy Blocks cash flow from investing activities during 2008 is:

a. $390,000 net cash used by investing activities

b. $322,500 net cash provided by investing activities.

c. $352,500 net cash used by investing activities

d. $360,000 net cash used by investing activities.

2. Toy Blocks cash flow from financing activities during 2008 is:

a. $322,500 net cash provided by financing activities.

b. $172,500 net cash provided by financing activities.

c. $127,500 net cash provided by financing activities.

d. $375,000 net cash provided by financing activities.

3. Toy Blocks cash flow from operating activities during 2008 is:

a. $45,000 net cash provided by operating activities.

b. $1,155,000 net cash used by operating activities.

c. $240,000 net cash provided by operating activities.

d. $240,000 net cash provided by operating activities.

4. In the 2008 statement of cash flows for Toy Blocks Corporation, the amount of cash received from customers is:

a. $1,310,000.

b. $1,103,000.

c. $1,233,000.

d. $1,293,000.