Question
M12-13 (Algo) Calculating Cash Flows [LO 12-5] Elemental Fuels started the year with $103,600 cash and reported net cash provided by operating activities of $207,500,
M12-13 (Algo) Calculating Cash Flows [LO 12-5] Elemental Fuels started the year with $103,600 cash and reported net cash provided by operating activities of $207,500, cash paid for dividends of $41,800, cash received from stock issuance of $33,000, cash paid for equipment purchases of $151,500, cash paid for intangible assets of $104,500, and cash paid on bank loan of $36,500.
Required: Calculate the following:
1. Net cash provided by (used in) investing activities.
2. Net cash provided by (used in) financing activities.
3. Ending cash.
4. Free cash flow.
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