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The statement of income and unclassified statement of financial position for E- Perform Inc. follow: E-Perform Inc. Statement of Financial Position December 31 2021 2020

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The statement of income and unclassified statement of financial position for E- Perform Inc. follow: E-Perform Inc. Statement of Financial Position December 31 2021 2020 Assets Cash $ 97,800 $ 48,400 Trading investments 128,000 114,000 Accounts receivable 75,800 43,000 Inventory 120,300 91,150 Estimated inventory returns 2,200 1,700 Prepaid expenses 18,400 26,000 Equipment 270,000 242.500 Accumulated depreciation (50,000) (52.000) Total assets $662,500 $514,750 Liabilities and Shareholders' Equity Accounts payable $ 93,000 $ 77,300 Property tax payable 10,500 6,200 Refund liability 1,000 800 Bank loan payable-current portion 86,000 130,000 Bank loan payablenoncurrent portion 24,000 20.000 Common shares 200,000 175,000 Retained earnings 248,000 105,450 Total liabilities and shareholders' equity $662,500 $514,750 E-Perform Inc. Statement of Income Year Ended December 31, 2021 Sales $492,780 Cost of goods sold 185,460 Gross profit 307,320 Operating expenses 116,410 Income from operations 190,910 Other income and expenses Unrealized gain on trading investments $14,000 Interest expense (4,730) 9,270 Income before income tax 200,180 Income tax expense 45,000 Net income $155,180 Additional information regarding 2021: Prepaid expenses and property tax payable relate to operating expenses. New equipment costing $85,000 was purchased for $25,000 cash and a $60,000 long-term bank loan payable. Old equipment having an original cost of $57,500 was sold for $1,500. Accounts payable relate to inventory suppliers. Some of the bank loan was repaid during the year. A dividend was paid during the year. Operating expenses include $46,500 of depreciation expense and a $7,500 loss on disposal of equipment. . Common shares were issued for $40,000 cash during the year and some common shares were bought back and retired at the cost they were originally issued at. Instructions Calculate Cashflow from Operating activities (Blank 1); Cashflow from Investing activities (Blank 2); Cashflow from Financing activities (Blank3); Net Increase in Cash (Blank 4). Use comma separator and absolute value only (no negative sign). Blank # 1 4 Blank # 2 A/ Blank # 3 A Blank #4 A

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