need 2and 3 answered

Based on the comparative balance sheets and comparative income statements, construct a statement of cash flows. Statement of Cash Flows for 2020 Operating Activities Net Income - 6,306,000 Adjustments: Non-cash adjustments Accumulated depreciation-down (+add) 50,000 Changes in working capital Change in accounts receivable-asset/down (+add) 775000 Change in inventories - asset/down (+add) - 750,000 Change in accounts payable - liab/down (-subt) (-300,000) Change in accruals - liab/down (-subt) - (-200,000) Net cash provided by Operating Activities = 7,381,000 Long Term Investment Activities Cash used to acquire fixed assets - gross fxd asset/down (+add) - 1.930,000 Financing Activities Change in long-term debt - liab/down (-subt) (-1,550,000) Change in common stock - equity/zeros out Change in paid-in capital - equity/zeros out Payment of cash dividends - goes down (-782,000) Net cash provided by Financing Activities = (-2,332,000) Summary Net change in cash - 6,979.000 Cash at beginning of year -2,100,000 Cash at end of year-2,200,000 2. Refer to the Statement of Cash Flows above. Was Net Income a source or use of funds? Was Payment of Cash Dividends a source or use of funds? What effect did these two have on Retained Earnings? Net Income Cash dividends Retained earnings 3. Refer to the Statement of Cash Flows above. Was "Cash Used to Acquire Fixed Assets" a source or use of funds? Was "Change in Long-Term Debt" a source or use of funds? How would you interpret these two changes when taken together