Problems

1. Raven Company's records show the following cash transactions:

Purchase of land and building $ 150,000

Interest received from bank 8,000

Payments for cash dividends 25,000

Issuance of stock 125,000

Payments for wages 230,000

Collections from customers 1,100,000

Payments to suppliers 550,000

Borrowing, long-term note 200,000

Purchase of Eagle Corp. securities 40,000

Payments for taxes 90,000

Mortgage payments 65,000

Dividends received from investment in Eagle Corp. securities 3,500

Interest payments on mortgage and long-term note 12,500

Payments for utilities 30,000

Collection of the principal on loan made to Falcon Co. 50,000

Required (Show your calculations):

Assuming Raven uses the direct method to prepare their statement of cash flows, what is the net cash flow from

1. Operating activities (along with the amount, please indicate whether it is a net cash inflow or net cash outflow).

1. Investing activities (along with the amount, please indicate whether it is a net cash inflow or net cash outflow).

1. Financing activities (along with the amount, please indicate whether it is a net cash inflow or net cash outflow).