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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 $ 77,400 $ 92,550
Accounts receivable 63,400 68,200
Inventory 85,100 77,500
Total current assets 225,900 238,250
Property, plant, and equipment 228,000 217,000
Less accumulated depreciation 76,000 54,250
Net property, plant, and equipment 152,000 162,750
Total assets $ 377,900 $ 401,000
Accounts payable $ 49,600 $ 88,200
Income taxes payable 38,600 48,300
Bonds payable 93,000 77,500
Common stock 108,500 93,000
Retained earnings 88,200 94,000
Total liabilities and stockholders equity $ 377,900 $ 401,000

During the year, Ravenna paid a $9,300 cash dividend and it sold a piece of equipment for $4,650 that had originally cost $10,200 and had accumulated depreciation of $6,800. The company did not retire any bonds or repurchase any of its own common stock during the year.

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

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

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

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

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

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