On January 1, Year 2, the following information was drawn from the accounting records of Carter Company: cash of $600; land of $3,000; notes payable of $900; and common stock of $1,620. Required CARTER COMPANY Income Statement For the Year Ended December 31, Year 2 Net income $ Book CARTER COMPANY Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flows from operating activities: Hint Print Ferences $ 0 Net cash flow from operating activities: Cash flows from investing activities Cash flows from financing activities Net cash flow from financing activities: 0 Ending cash balance $ On January 1, Year 2, the following information was drawn from the accounting records of Carter Company: cash of $600; land of $3,000; notes payable of $900; and common stock of $1,620. Required CARTER COMPANY Income Statement For the Year Ended December 31, Year 2 Net income $ Book CARTER COMPANY Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flows from operating activities: Hint Print Ferences $ 0 Net cash flow from operating activities: Cash flows from investing activities Cash flows from financing activities Net cash flow from financing activities: 0 Ending cash balance $