See the cash flow statement (all values in thousands of dollars) (see MyLab Finance for the data in Excel format): a. What were the company's cumulative earnings over these four quarters? What were its cumulative cash flows from operating activities? b. What fraction of the cash from operating activities was used for investment over the four quarters? c. What fraction of the cash from operating activities was used for financing activities over the four quarters? \begin{tabular}{llllll} Quarter (S 000) & 4 & 3 & 2 & 1 \\ \hline Net Income & 276,617 & 228.866 & 193,987 & 218.613 \\ Operating Activities, Cash Flows Provided By or Used In & & & & \\ Depreciation & 69.926 & 75.749 & 74.616 & 73,200 \\ Adjustments to net income & 14.403 & (13,210) & 48.865 & (47,969) \\ Changes in accounts receivable & (38.780) & (53,241) & 100.665 & (84,643) & \end{tabular} Sale or purchase of stock Net borrowings Other cash flows from financing activities Total Cash Flows from Financing Activities Effect of exchange rate changes Change in Cash and Cash Equivalents \begin{tabular}{rrrr} 78,726 & 1.244 & (76.685) & (79.252) \\ 515.689 & 114.730 & (283,784) & 64.794 \\ (297) & 1.970 & (46.242) & 39.665 \\ \hline 462.634 & (13.379) & (526,110) & (96.131) \\ (120.023) & (652) & 32,825 & 6.810 \\ \hline 373.217 & (63.937) & (26.952) & 68.694 \\ \hline \end{tabular}