Jacobson Manufacturing Corporation earned $$87,000$ in profit during $2023.$ Machinery was sold for $$117,000$ and a $$27,000$ loss on the sale was recorded. Machinery purchases totalled $$350,000$ including a July purchase for which an $$112,000$ promissory note was issued. Bonds were retired at their face value, and the issuance of new common shares produced an infusion of cash. Jacobson$$s comparative balance sheets were as follows:

Jacobson Manufacturing Corporation

Comparative Balance Sheet Information

$($in thousands$)$

December $31$

Assets $20232022$

Cash $ $144$ $ $108$

Accounts receivable $236286$

Merchandise inventory $388350$

Machinery $1,7501,660$

Accumulated depreciation $(270)(290)$

Total assets $ $2,248$ $ $2,114$

Liabilities and Equity

Accounts payable $ $466$ $ $534$

Notes payable $336250$

Dividends payable $4836$

Bonds payable $244344$

Common shares $800640$

Retained earnings $354310$

Total liabilities and equity $ $2,248$ $ $2,114$

Required: $($Enter amounts in thousands, as per balance sheet above. List any deduction in cash and cash outflows and loss as negative amounts.$)$

$1.$ What was Jacobson$$s depreciation expense in $2023?$

$2.$ What was the amount of cash flow from operating activities?

$3.$ What was the amount of cash flow from investing activities?

$4.$ What was the amount of dividends declared? paid?

$5.$ By what amount would you expect the total inflows of cash to differ from the total outflows of cash?

$6.$ What was the amount of cash flow from financing activities?