The following accounts and corresponding balances were drawn from Avia Companys Year 2 and Year 1 year-end balance sheets:

Account Title	Year 2			Year 1
Unearned revenue	$	8,400		$	4,950
Prepaid rent		1,770			2,780

During the year, $51,000 of unearned revenue was recognized as having been earned. Rent expense for Year 2 was $27,500. Required Based on this information alone, prepare the operating activities section of the statement of cash flows assuming the direct approach is used. (Amounts to be deducted should be indicated with a minus sign.)

On January 1, Year 1, Shelton Company had a balance of $266,000 in its Land account. During Year 1, Shelton sold land that had cost $86,000 for $146,000 cash. The balance in the Land account on December 31, Year 1, was $296,000. Required a. Determine the cash outflow for the purchase of land during Year 1.

On January 1, Year 1, DIBA Company had a balance of $417,000 in its Bonds Payable account. During Year 1, DIBA issued bonds with a $174,000 face value. There was no premium or discount associated with the bond issue. The balance in the Bonds Payable account on December 31, Year 1, was $277,000. Required a. Determine the cash outflow for the repayment of bond liabilities assuming that the bonds were retired at face value.

b. Prepare the financing activities section of the Year 1 statement of cash flows. (Amounts to be deducted should be indicated with a minus sign.)