Note: The common shares are trading in the stock market for $15 per share.

Using the financial statements for Flathead Lake, calculate cash from operating activities and cash from investing activities.

Flathead Lake Manufacturing Income Statement 2012 Selling and Administrative Expenses 2.200,000 Flathead Lake Manufacturing Comparative Balance Sheets 2011 Total Current Assets 2,050,000 1,400,000 3,200,000 $2,500,000 Total Current Liabilities 1,500,000 1,000,000 $2,300,000 $1,700,000 Total Liabilities Common Stock (200,000 shares) $ 900,000 800,000 3,200,000 $2,500,000 Total Liabilities and Equity