Remaining Time: 1 hour, 58 minutes, 12 seconds. Question Completion Status: 6 7 10 11 12 13 14 15 17 E. 52, 543,000 QUESTION 6 The Ultimate Diet Inc." has the following partial income statements. Its balance sheets are also provided below. Ultimate Diet Inc. Dec. 31 Income Statements 2011 2012 Sales $1,500,000 $2,000,000 Depreciation Expense $70,000 $90,000 Net Income $150,000 $200,000 Dividends Paid $60,000 $50,000 Balance Sheet Dec. 31 2011 2012 Cash $75,000 $30,000 Accounts receivable $300,000 $420,000 Inventory $600.000 $750.000 Total Current Assets $975,000 $1,200,000 Gross Fixed Assets $ 675,000 $540,000 Accumulated depreciation $175.000 $265.000 Net Foxed Assets $500.000 $275.000 Total Assets $1.475.000 $1.475.000 Accounts Payable $200.000 $125.000 Accruals $100.000 $ 200,000 Bank Loan $200.000 $125.000 Total Current Liabilities $500,000 $ 450,000 Long Term Debt $400,000 $300.000 Common Stock ($0.01 Par) $200.000 $ 200,000 Additional Paid in Capital $175.000 $175.000 Retained Earnings $200.000 $350.000 Total Debt and Equity $1,475,000 $1,475,000 Find the cash flow from financing activities for the year 2012. A 525, 000) B. $ 135,000 C. (155,000 D. 595,000 E. None of the above QUESTION computer chipeto per unit for your new business. Other component costs includes sembly hand wwe param Chick and submit to owe and Click Save All Ars to swall answers