Q Search this Statement of cash flows Video Excel Online Structured Activity: Statement of cash flows You have just been hired as a financial analyst for Barrington Industries. Unfortunately, company headquarters (where all of the firm's records are kept) has been destroyed by fire. So, your first job will be to recreate the firm's cash flow statement for the year just ended. The frm had $100,000 in the bank at the end of the prior year, and its working capital accounts except cash remained constant durimg the year. It earned $5 million in net income during the year but paid $700,000 in dividends to common shareholders. Throughout the year, the firm purchased $5.4 million of machinery that was needed for a new project. You have just spoken to the firm's accountants and learned- that annual depreciation expense for the year is $450,000; however, the purchase price for the machinery represents additions to property, plant, and equipment before depreciation. Finally, you have determined that the only financoing done by the firm was to issue long-term debt of $1 million at a 6% nterest rate. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analys s to answer the question below Open spreadsheet What was the firm's end-of year cas h balance? Recreate the firm's cash flow statement to arrive at your answer. Write out your answer completely. For million should be entered as 5.000,000. Round your answer to the nearest dola, if necessary ype here to search