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Thompson, Inc. Balance Sheets For the years ending December 31, 2011 and 2012) 2012 2011 300 800 Cash 3,000 3,700 Accounts receivable 10,200 13,500 42,600

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Thompson, Inc. Balance Sheets For the years ending December 31, 2011 and 2012) 2012 2011 300 800 Cash 3,000 3,700 Accounts receivable 10,200 13,500 42,600 8,400 Inventory Current assets 12,900 34,500 Net fixed assets 56,100 47,400 Total assets 1,600 Notes payable Accounts payable 800 1,000 700 600 Accruals 3,100 1,600 Current liabilities 10,000 8,000 10,700 6,000 Long-term debt Common stock 24,100 18,900 10,200 Capital surplus Retained earnings 10,900 56,100 47,400 Total liabilitles and equity In its 2011 income statement, Thompson Inc. reported net income of $1,490 and depreciation expense of $420. On its 2012 income statement, the company reported net income of $2,180 and depreciation expense of $320. Based on this information (and given the company's balance sheets for 2011 and 2012 in the chart above), compute Net Cash Flows from Operating Activities for Thompson in 2012 Thompson, Inc. Balance Sheets For the years ending December 31, 2011 and 2012) 2011 2012 Cash 300 800 Accounts receivable 3,700 3,000 Inventory 8,400 12,900 34,500 10,200 Current assets 13,500 Net fixed assets 42,600 Total assets 56,100 47,400 Notes payable Accounts payable Accruals 1,600 1,000 800 700 600 3,100 1,600 Current liabilities 10,700 10,000 Long-term debt 6,000 8,000 Common stock 18,900 24,100 Capital surplus Retained carnings 10,200 10,900 56,100 Total liabilities and equity 47.400 In its 2011 income statement, Thompson Inc. reported net income of $1.420 and depreciation expense of $160. On its 2012 income statement. the company reported net income of $2,390 and depreciation expense of $570. Based on this information (and given the company's balance sheets for 2011 and 2012 in the chart above). compute Net Cash Flows from Financing Activities for Thompson in 2012

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