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The comparative balance sheets for Kam Company as of Dec. 31st appear below: Balance Sheet as of Dec. 31 2021 Cash $56,400 2020 $18,000 Accounts

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The comparative balance sheets for Kam Company as of Dec. 31st appear below: Balance Sheet as of Dec. 31 2021 Cash $56,400 2020 $18,000 Accounts receivable 28,000 26,400 24,000 18,000 Merchandise Inventory Equipment Accumulated depreciation Land 78,000 36,000 (25,200) (19,200) Total assets 42.000 24,000 $203.200 S103.200 $27,600 $15,600 Accounts payable Sales Taxes Payable 10.000 10,800 Bonds Payable 54,000 24,000 Common stock 72.000 36.000 Retained earnings 39,600 Total liabilities and SE $203,200 16.800 S103,200 Additional information for 2021: (a) Net income for 2021 was $32,800 (b) Dividends paid totaled $10,000 (c) Equipment that had cost $12,000 with accumulated depreciation of $8,000 as of disposal time was sold for $6,000 in cash. Additional equipment was purchased in cash. (d) $12,000 of the land purchased in 2021 was paid with shares of common stocks, the rest was paid in cash. Example of Answer: 4000 No comma, space, decimal point, or $ sign. Show negative net cash flows with minus. Example: -4000 Compute net cash flows from operating activities. Answer 2 Compute net cash flows from investing activities. Answer = AM Compute net cash flows from financing activities. Answer A/

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