Revise your calculations based the new information provided below and then answer the questions that follow.

Inflows:
Issue common stock	$	90,000
Sell inventory to customers		103,200
Issue notes payable		63,600
Sell land		117,600
Earn interest on investments		2,400
Sell patent		73,200

Outflows:
Purchase equipment	$	216,000
Purchase inventory		45,600
Purchase treasury stock		48,000
Repay notes payable		36,000
Pay salaries		46,800
Pay dividends		18,000
Beginning cash	$	63,600

1. What is the revised amount of operating, investing, and financing cash flows? (Net outflows should be indicated by a minus sign.)

Operating
Investing
Financing

2. What is the revised ending cash balance?

Ending cash balance

3. Which of the three types of cash flows could best be described as cash-basis net income? multiple choice

A. Operating

B. Investing

C. Financing

4. Which of the following types of cash flow primarily involves changes in long-term liabilities and stockholders' equity? multiple choice

A. Operating activities

B. Investing activities

C. Financing activities