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The following is selected information from Reliant Company for the fiscal years ended December 31, 2017 1. Reliant Company had net income of $682,000. 2.

The following is selected information from Reliant Company for the fiscal years ended December 31, 2017

1. Reliant Company had net income of $682,000.

2. Depreciation was $37,000

3. Interest Payable increased by $7,000

4. Purchases of plant assets were $120,000

5. Accounts receivable decreased by $34,000

6. Bonds payable issued were $50,000

7. Accounts payable increased by $18,000

8. Disposals of equipment for $86,000 resulted in a $7,400 gain

9. Prepaid expenses increased by $24,000

10. Dividends of $15,000 were paid to shareholders and

11. Cash balance on January 1, 2017 was $225,000.

Requirements:

a. What was the Net Cash Flows from/for Operating Activities?

b. What was the Net Cash Flows/for Investing Activities?

c. What was the Net Cash Flows/for Financing Activities?

d. What was the Net Increase/(Decrease) in cash?

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