The following information applies to the questions displayed below) Ravenna Company is a merchandiser that uses the Indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: 5 Cash Accounts receivable Inventory Total current Assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total aneta Ending Balance $ 97,200 77,600 104,200 279,000 276,000 92.000 184,000 $.463,000 Beginning Balance $ 116,700 83,600 95,000 295,300 266,000 66,500 199,500 $ 494,800 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 60,800 47,200 114,000 133,000 100,000 $ 463,000 $ 100,000 62,800 95,000 114,000 115.000 5.494,800 During the year, Ravenna pald a $11,400 cash dividend and it sold a piece of equipment for $5.700 that had originally cost $13,200 and had accumulated depreciation of $8,800. The company did not retire any bonds or repurchase any of its own common stock during the year 13. What is the company's net cash provided by (used in) investing activities? Net cash Investing activities Ravenna Company is a merchandiser that uses the Indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Tess accumulated depreciation Net property, plant, and equipment Total assets Ending Balance $ 97,200 77,600 104,200 279,000 276,000 92,000 184,000 $ 463,000 Beginning Balance $ 116,700 83,600 95,000 295,300 266,000 66,500 199,500 $ 494,800 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 60,800 47,200 114,000 133,000 108.000 $ 463,000 $ 108,000 62,800 95,000 114,000 115,000 $ 494,800 During the year, Ravenna paid a $11,400 cash dividend and it sold a piece of equipment for $5,700 that had originally cost $13,200 and had accumulated depreciation of $8,800. The company did not retire any bonds or repurchase any of its own common stock during the year. 14. What is the amount of gross cash inflows reported in the financing section of the company's statement of cash flows? Gross cash inflows Ravenna Company is a merchandiser that uses the Indirect method to prepare the operating activities section of its statement of cash flows. Its balance sheet for this year is as follows: Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Ending Balance $ 97,200 77,600 104,200 279,000 276,000 92,000 184,000 $.463,000 Beginning Balance $ 116,700 83,600 95,000 295, 300 266,000 66,500 199,500 $ 494,800 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 60,800 47,200 114,000 133,000 108,000 $ 463,000 $ 108,000 62,800 95,000 114,000 115,000 $ 494,800 During the year, Ravenna paid a $11,400 cash dividend and it sold a piece of equipment for $5,700 that had originally cost $13,200 and had accumulated depreciation of $8,800. The company did not retire any bonds or repurchase any of its own common stock during the year. 15. What is the company's net cash provided by (used in) financing activities? Net cash financing activities