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Revise your calculations based the new information provided below and then answer the questions that follow. Inflows: Issue common stock Sell inventory to customers
Revise your calculations based the new information provided below and then answer the questions that follow. Inflows: Issue common stock Sell inventory to customers Issue notes payable 1 Sell land Earn interest on investments Sell patent ces $126,000 144,480 89,040 164,640 3,360 102,480 Outflows: Purchase equipment Purchase inventory Purchase treasury stock Repay notes payable Pay salaries Pay dividends Beginning cash Required: $302,400 63,840 67,200 50,400 65,520 25,200 $ 89,040 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.
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