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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: Cash and cash equivalents Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Accounts payable Ending Balance $ 105,400 83,700 112,400 301,500 Beginning Balance $ 126,650 90,200 102,500 319,350 $ 499,500 297,000 99,000 198,000 287,000 71,750 215,250 $ 534,600 $ 65,600 $ 116,500 Income taxes payable 50,900 68,600 Bonds payable 123,000 102,500 Common stock 143,500 123,000 Retained earnings 116,500 124,000 Total liabilities and stockholders' equity $ 499,500 $ 534,600 During the year, Ravenna paid a $12,300 cash dividend and it sold a piece of equipment for $6,150 that had originally cost $14,400 and had accumulated depreciation of $9,600. The company did not retire any bonds or repurchase any of its own common stock during the year. 11. What is the amount of net cash provided by (used in) operating activities in the company's statement of cash flows? Net cash used in operating activities 12. What is the amount of gross cash outflows reported in the investing section of the company's statement of cash flows? Gross cash outflows 13. What is the company's net cash provided by (used in) investing activities? Net cash investing activities _ 15. What is the company's net cash provided by (used in) financing activities? Net cash financing activities

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