The changes in each balance sheet account for Carver Corporation during the year just completed are as follows:

	Increase			Decrease
Cash and cash equivalents	$	3,240
Accounts receivable	$	5,400
Inventory				$	6,540
Prepaid expenses	$	3,090
Long-term investments				$	18,530
Property, plant, and equipment	$	11,880
Accumulated depreciation	$	9,540
Accounts payable				$	8,480
Accrued liabilities	$	5,300
Bonds Payable				$	12,840
Common Stock	$	3,270
Retained Earnings	$	580

Carver Corporation's income statement for the year just ended shows the following:

Income Statement
Sales	$	378,000
Cost of goods sold		205,200
Gross margin		172,800
Selling and administrative expense		172,220
Net income	$	580

The company did not dispose of any property, plant, and equipment, buy any long-term investments, issue any bonds payable, or repurchase any of its own common stock during the year. Carver Corporation uses the direct method to construct its statement of cash flows.

Required:

a. Determine the sales adjusted to the cash basis.

b. Determine the cost of goods sold adjusted to the cash basis.

c. Determine the selling and administrative expenses adjusted to a cash basis.

d. Determine the net cash provided by (used in) operating activities. (Negative amounts should be indicated by a minus sign.)

e. Determine the net cash provided by (used in) investing activities. (Negative amounts should be indicated by a minus sign.)

f. Determine the net cash provided by (used in) financing activities. (Negative amounts should be indicated by a minus sign.)

a. Adjusted sales b. Adjusted cost of goods sold c. Adjusted selling and administrative expenses d. Net cash provided by (used in) operating activities e. Net cash provided by (used in) investing activities f. Net cash provided by (used in) financing activities