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Kindly answer this question. these three pictures are of one question. I have added these pics and saved them as 1 2 and 3 in

Kindly answer this question. these three pictures are of one question. I have added these pics and saved them as 1 2 and 3 in order

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Question 4 of 4 A telecommunication company has just started operating in year 2010 and has earned a profit of $115,000. The comparative balance sheets for the years ending 2010 and 2011 are as follows: COMPARATIVE BALANCE SHEETS December 31 2010 2011 Assets S S Cash and cash equivalents 80,000 37,000 Accounts receivable 100,000 850,000 Plant and equipment ( net of accumulated depreciation) 600,000 2,653,000 Total Assets 780,000 3,540,000 Liabilities & Stockholders' Equity Notes payable (short-term) -0- 1,450,000 Accounts payable 30,000 63,000 Accrued expenses payable 45,000 32,000 Notes payable (long-term) 390,000 740,000 Capital stock (no par value) 200,000 700,000 Retained earnings 115,000 555,000 Total Liabilities & Stockholders' Equity 780,000 3,540,000Additional Information Additional information concerning the company for the year 2011 is as follows: 1. In 2011, the net income for the year totals $440,000. No dividend was paid. 2. Depreciation for the year 2011 totals $147,000. 3. The company paid $1,850,000 in cash for the purchases of plant assets costing $2,200,000. The remaining $350,000 was financed by issuing a long- term note payable. 4. In 2011, the telecommunication company borrowed $1,450,000 from a bank in exchange of a $6 million line of credit. The subsequent obligations are recorded as short-term notes payable. 5. No-par value common stock worth $500,000 cash is issued to investors. Required a. Prepare the cash flow from operating, investing, and financing activities using indirect method (Answer as table image provided) b. Determine the free cash flows (FCF)COMPANY NAME Partial Statement of Cash Flows For the Year Ended 31 December 2011 Cash flows from operating activities: Accounts Receivable Inventory Accounts Payable Accrued Expenses Depreciation Loss/Gain Cash flows from investing activities: Property. plany and equipment IQ Other investments Cash flows from financing activities: Loan Shares Dividend Net increase/decrease in cash Note: Significant non-cash activities Net amount M

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