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The following transactions took place for Welch Ltd during December 2020: . Received $83,500 cash from customers . . . Paid $30,000 to suppliers

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The following transactions took place for Welch Ltd during December 2020: . Received $83,500 cash from customers . . . Paid $30,000 to suppliers for inventory Recognized $15,000 of interest expense to be paid next month Received $95,000 cash from a new bank loan Paid $41,000 for new factory equipment Received $37,500 from the issuance of new stock Paid $20,000 toward interest on long-term loans Performed services for customers and charged them $49,000 on account Declared and paid a cash dividend of $26,000 Received $53,500 from the sale of old factory equipment What was Welch Ltd's net cash flows from operating activities during December 2020? $ 33,500 What was Welch Ltd's net cash flows from investing activities during December 2020? $ 12,500 What was Welch Ltd's net cash flows from financing activities during December 2020? $ 106,500

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