Microsoft Corporation Year-End Financials for 2021:

Profit & Loss Statement:

Revenue: $7,500,000

Cost of Goods Sold: $4,800,000

Operating Expenses: $1,500,000 (Depreciation: $230,000)

Interest Expense: $60,000

Gain on Sale of Equipment: $50,000

Income Tax Expense: $160,000

Assets and Liabilities:

Item	12/31/2021	12/31/2020
Cash	$850,000	$550,000
Accounts Receivable	$370,000	$330,000
Inventory	$700,000	$620,000
Accounts Payable	$520,000	$460,000

Additional Information:

Equipment sold for $170,000 (original cost $240,000, carrying value $150,000).

New equipment purchased for $120,000.

Dividends declared and paid: $220,000.

Treasury shares purchased: 900 shares for $90,000.

Requirements:

Compute cash flows from operating activities.

Compute cash flows from investing activities.

Compute cash flows from financing activities.

Compute the ending cash balance.