Statement of Cash Flows 196 CHAPTER 4 rar 4.12. The following cash flows were reported by Techno Inc. in 2015 and 2014. 2015 2014 (In thousands) $242,329 $316,354 Net income Noncash charges (credits) to income FDepreciation and amortization 62,591 68,156 Deferred taxes 15,394 22,814 $327,734 al$ 399,904 Cash Provided (Used) by Operating Assets and Liabilities: Receivables (288,174) (159,419) (145,554) (1,470) 73,684 41,079 $ 24,525 (49,704) Inventories Other current assets 3,832 Accounts payable, accrued liabilities Total Cash Provided by Operations $177,387 Investment activities Additions to plant and equipment (94,176) 14,408 (93,136) Other investment activities (34,771) ($127,907) Net investment activities l(S 79,768) Financing activities Purchases of treasury stock Dividends paid Net changes in short-term borrowings Additions to long-term borrowings Repayments of long-term borrowings Net financing activities Increase (decrease) in cash Beginning cash balance Ending cash balance an (39,267) (22,523) (45,854) (49,290) 125,248 135,249 o45,067 4,610 (250,564 ($262,677) ($213,197) 291,311 $ 165,353 $ 110,110 78,114 $ 188,224 $ 78,114 (a) Explain the difference botwo Part (b): 15 points 2015 2014 Inflows Outflows Change in cash Be sure to clearly indicate, in the table above, whether the cash flows inflows (positive) or outflows (negative) numbers! are Tor Techno in 2015. (b) Analyze Techno Inc.'s cash flows for 2015 and 2014