Johnson & Johnson Financial Report for 2022:

Income Statement:

Item	Amount
Sales	$40,000,000
Cost of Goods Sold	$26,600,000
Operating Expenses	$8,500,000 (Including Depreciation: $800,000)
Interest Expense	$210,000
Gain on Sale of Equipment	$185,000
Income Tax Expense	$420,000

Balance Sheet:

Item	12/31/2022	12/31/2021
Cash	$5,500,000	$3,800,000
Accounts Receivable	$1,050,000	$1,000,000
Inventory	$2,100,000	$1,950,000
Accounts Payable	$1,200,000	$1,150,000

Additional Information:

Equipment sold for $750,000 (original cost $1,000,000, carrying value $610,000).

New equipment purchased for $700,000.

Dividends declared and paid: $900,000.

Treasury shares purchased: 6,500 shares for $650,000.

Requirements:

Calculate cash flows from operating activities.

Calculate cash flows from investing activities.

Calculate cash flows from financing activities.

Determine the ending cash balance.

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Amazon Financial Overview for 2022:

Income Statement:

Item	Amount
Sales	$50,000,000
Cost of Goods Sold	$33,000,000
Operating Expenses	$10,000,000 (Including Depreciation: $900,000)
Interest Expense	$230,000
Gain on Sale of Equipment	$220,000
Income Tax Expense	$480,000

Balance Sheet:

Item	12/31/2022	12/31/2021
Cash	$7,000,000	$4,500,000
Accounts Receivable	$1,150,000	$1,100,000
Inventory	$2,300,000	$2,100,000
Accounts Payable	$1,400,000	$1,300,000

Additional Information:

Equipment sold for $850,000 (original cost $1,200,000, carrying value $700,000).

New equipment purchased for $800,000.

Dividends declared and paid: $1,100,000.

Treasury shares purchased: 7,500 shares for $750,000.

Requirements:

Calculate cash flows from operating activities.

Calculate cash flows from investing activities.

Calculate cash flows from financing activities.

Determine the ending cash balance.