The balances sheet data of Sweet Corn Company at the end of 2020 and 2021 follow:

2021 2020

Cash 250,000 350,000

Accounts receivable, net 600,000 450,000

Merchandise inventory 700,000 450,000

Prepaid expenses 100,000 250,000

Building and equipment 900,000 750,000

Accumulated depreciation (180,000) (80,000)

Land 900,000 400,000

TOTALS P3,270,000 P2,570,000

2021 2020

Accounts payable 680,000 550,000

Accrues expenses 120,000 180,000

Notes payable (long term) 400,000

Mortgage payable 300,000

Ordinary share capital, P10 par 2,090,000 1,590,000

Accumulated Profits/Losses (deficit) 80,000 (150,000)

TOTALS P3,270,000 P2,570,000

Land was acquired for P500,000 in exchange for ordinary share, par P500,000 during the year. All

equipment purchased was for cash. Equipment costing P50,000 was sold for P20,000, with book value of

P40,000. Cash dividends of P100,000 were charged to Accumulated Profits and Losses and was the only

entry in this account.

In the December 31, 2021 statement of cash flows of the company, how much would be the net cash

provided (used) by -

Compute for the following:

8. Operating activities

9. Investing activities

10. Financing activities