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The following information is taken from the records of Golden Harvest Corporation: Collections from: Sale of merchandise 3,700,000 Sale of share capital 4,200,000 Sale of

The following information is taken from the records of Golden Harvest Corporation:

Collections from:

Sale of merchandise 3,700,000

Sale of share capital 4,200,000

Sale of investment property 1,300,000

Issuance of bonds 2,000,000

Dividends on investments held 90,000

Payments for:

Purchase of furniture and fixtures 3,400,000

Operating expenses 1,505,000

Merchandise purchased 2,580,000

Purchase of treasury shares 100,000

Interest on notes payable 120,000

Notes payable 1,000,000

Dividends 500,000

  1. How much is the net cash flow from operating activities?
  2. How much is the net cash flow from investing activities?
  3. How much is the net cash flow from financing activities?
  4. Assume a cash balance of P500,000 at the beginning of the year. How much is the cash balance at the end of the year?

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