Return to Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of the kits next quarter at a price of $11, and the other 50 kits in the third quarter at a price of $12. It takes a full quarter for Ponzi to collect its bills from its customers. (Ignore possible sales in earlier or later quarters) (Negative amount should be indicated by a minus sign.) a. What is the net income for Ponzi next quarter? Answer is complete and correct. Net income in second quarter Is 50 b. What are the cash flows for the company this quarter? Answer is complete but not entirely correct. Cash flow in first quarter 0 %