October 31, 20Y6 Notes payable November 30, 2016 $242,000 585,000 85,000 $180,000 491,000 79,000 Land Common stock Retained earnings ? ? Cash 57,000 164,000 a. Prepare a balance sheet for Abby's Interiors as of October 31, 2016. Abby's Interiors Balance Sheet October 31, 20Y6 Assets Cash 57,000 Land 491,000 Total assets 548,000 Liabilities Notes payable $ 180,000 Stockholders' Equity Common stock $ 79,000 Retained earnings 289,000 Total stockholders' equity 368,000 Total liabilities and stockholders' equity $ 548,000 Abby's Interiors Balance Sheet November 30, 2046 Assets Cash 164,000 Land 585,000 Total assets 749,000 Liabilities Notes payable 242,000 Stockholders' Equity Common stock 85,000 Retained earnings 422,000 Total stockholders' equity 507,000 Total liabilities and stockholders' equity 749,000 Enter negative values as negative numbers. b. Determine the amount of net income for November, assuming that dividends of $9,500 were paid. $ 142,500 c. Determine the net cash flows from operating activities for November. $ d. Determine the net cash flows from investing activities for November. $ -94,000 e. Determine the net cash flows from financing activities for November. $ 58,500 f. Determine the net increase or decrease in cash for November. $ 107,000