The data below are taken from the financial statements of YY Stationery Company: Income Statement: 20X2 Profit Depreciation expense Gain/loss on sale of truck $100,000 90,000 ?? Statement of Financial Position: 31 Dec 20X2 31 Dec 20X1 Cash Accounts receivable Inventory Prepaid expenses Accounts payable Accrued expense payable S?? 295,000 289,000 70,000 239,000 58,000 $40,000 310,000 321,000 60,000 220,000 60,000 Additional Information: (1) Purchased a new truck for cash at the cost of $100,000. (2) Sold the old truck with the net book value of S25,000 for cash at $63,000. (3) Made payment on the two-year notes payable for the amount of $10,000. (4) Paid the dividend of $25,000 on the ordinary shares. (5) Purchased treasury shares for $118,000 cash. Required: (a) Calculate the net cash from/used in operating activities. (b) Calculate the net cash from/used in investing activities. (c) Calculate the net cash from used in financing activities. (d) Prepare the statement of cash flows for the year ended 31 December 20X2 for YY Stationery Company using the indirect method. Place parentheses around those dollar amounts representing cash outlays. Part B - answer (a) Calculate the net cash from/used in operating activities. (b) Calculate the net cash from/used in investing activities. (c) Calculate the net cash from/used in financing activities. (d) Prepare the statement of cash flows for the year ended 31 December 20X2 for YY Stationery Company using the indirect method. Place parentheses around those dollar amounts representing cash outlays. YY Stationery Company Statement of Cash Flows For the Year Ended 31 December 20X2