Note: Include a negative sign (-) for any amount that would be subtracted in the statement of cash flows. Dynamite Inc. Cash Flows from Operating Activities December 31, Year 4 Cash flows from operating activities Net income Adjustments: Depreciation expense Change in Accounts Receivable Change in Inventory Change in Accounts Payable Amortization expense Change in Prepaid Expense Cash paid as Dividends Net cash from operating activities > +A > > > > > > > > 102000 4500 6500 -7500 12500 3600 0 102000 x Accounts Cash Flow Cash Paid as Dividends Ending Balance Assets Accounts Ending Balance $3,500 Accounts Rec Cash Paid to Purchase Land $5,000 Cash Cash Received from Issuance of Common $50,000 Inventory $15,000 $110,000 $22,500 Cash Re3ceived from Sale of Equipment $5,400 Income Statement Items Accounts O Amortization Expense 1 Depreciation Expense 2 Net Income 3 4 Labilities 5 Accounts Accounts Payable 7 Accrued Liabilities Ending Balance $3,600 $4,500 $102,000 Ending Balance $35,000 $23,333 B 9