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Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet

Ravenna Company is a merchandiser that uses the indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows:

Ending Balance Beginning Balance
Cash $ 97,200 $ 116,700
Accounts receivable 77,600 83,600
Inventory 104,200 95,000
Total current assets 279,000 295,300
Property, plant, and equipment 276,000 266,000
Less accumulated depreciation 92,000 66,500
Net property, plant, and equipment 184,000 199,500
Total assets $ 463,000 $ 494,800
Accounts payable $ 60,800 $ 108,000
Income taxes payable 47,200 62,800
Bonds payable 114,000 95,000
Common stock 133,000 114,000
Retained earnings 108,000 115,000
Total liabilities and stockholders equity $ 463,000 $ 494,800

During the year, Ravenna paid a $11,400 cash dividend and it sold a piece of equipment for $5,700 that had originally cost $13,200 and had accumulated depreciation of $8,800. The company did not retire any bonds or repurchase any of its own common stock during the year.

Required:

11. What is the amount of net cash provided by (used in) operating activities in the companys statement of cash flows?

12. What is the amount of gross cash outflows reported in the investing section of the companys statement of cash flows?

13. What is the companys net cash provided by (used in) investing activities?

14. What is the amount of gross cash inflows reported in the financing section of the companys statement of cash flows?

15. What is the companys net cash provided by (used in) financing activities?

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