Refer to the statement of cash flows for part 1 to answer the following questions a through d:

Not sure if mine are correct.

The following Cash T-account shows the total debits and total credits to the Cash account of Thomas Corporation for the current year. $ $ Balance, Dec. 31, prior year Receipts from customers Receipts from dividends Receipts from land sale Receipts from machinery sale Receipts from issuing stock Receipts from borrowing Cash 381,600 16,790,400 Payments for inventory 5,876,640 Payments for wages 6,212,448 Payments for rent 1,981,267 Payments for interest 4,315,133 Payments for taxes 7,270,243 Payments for machinery Payments for stock investments Payments for note payable Payments for dividends Payments for treasury stock 4,449,456 1,544,717 889,891 604,454 1,259,280 6,262,819 6,329,981 1,074,586 1,393,603 604,454 Balance, Dec. 31, current year (2) Refer to the statement of cash flows for part 1 to answer the following questions a through a a. () Which section shows the largest cash inflow? (ii) Which section shows the largest cash outflow? b. What is the largest individual item among the investing cash outflows? c. The cash proceeds are larger from: d. From borrowing activities the company has: Financing section Operating section Purchase on machinery issuing notes neither of the above