MNO Inc reports the following for the year ended December 31, 2023:

Financial Information	2023	2022
Sales	4,800,000	4,200,000
Cost of goods sold	2,880,000	2,520,000
Selling expenses	420,000	360,000
Administrative expenses	120,000	100,000
Interest expense	40,000	35,000
Gain on sale of equipment	20,000	-
Income tax expense	110,000	95,000

Additional information:

1. Depreciation of $180,000 is included in selling expenses and $50,000 in administrative expenses.
2. Equipment was sold for $250,000 cash. This equipment cost $300,000 and had a carrying value of $200,000.
3. Purchased new equipment for $200,000 cash.
4. Declared and paid dividends of $180,000.
5. Purchased 200 treasury shares for $20,000.

Requirements:

1. Compute the cash flows from operating activities.
2. Calculate the cash flows from investing activities.
3. Determine the cash flows from financing activities.
4. Identify the ending cash balance.
5. Prepare a schedule reconciling net income to net cash provided by operating activities.