RST Ltd reports the following for the year ended December 31, 2038:

Financial Information	2038	2037
Sales	22,800,000	21,600,000
Cost of goods sold	13,680,000	12,960,000
Selling expenses	2,280,000	2,160,000
Administrative expenses	570,000	540,000
Interest expense	320,000	300,000
Gain on sale of machinery	170,000	-
Income tax expense	420,000	400,000

Additional information:

1. Depreciation of $630,000 is included in selling expenses and $210,000 in administrative expenses.
2. Machinery was sold for $2,800,000 cash. This machinery cost $3,000,000 and had a carrying value of $2,540,000.
3. New machinery was purchased for $1,500,000 cash.
4. Dividends of $840,000 were declared and paid.
5. Purchased 3,400 treasury shares for $340,000.

Requirements:

1. Calculate the cash flows from operating activities.
2. Determine the cash flows from investing activities.
3. Compute the cash flows from financing activities.
4. Identify the ending cash balance.
5. Prepare a reconciliation of net income to cash provided by operating activities.