Net Income $5,000

Depreciation expense 2,500

Increase in defered tax liabilities 500

Decrease in cash 3,000

Increase in marketable securities 1,000

Decrease in accounts receivable 2,000

Increase in inventories 9,000

Decrease in accounts payable 5,000

Increase in accrued liabilities 1,000

Increase in property and equipment 14,000

Increase in short-term notes payable 19,000

Decrease in long-term notes payable 4,000

Use indirect method to answer the questions.

*What is net cash flow from operating activities?

a. (3000)

b. (1000)

c. 5000

d. 13000

*What is net cash flow from investing activities?

a. 14000

b. (14000)

c. 21000

d. (16000)

*What is net cash flow from financing activities?

a. 15000

b. (15000)

C. 17000

d.(14000)

*What is the change in cash?

A. (3000)

B. 3000

C. 2000

D. (2000)