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Use the following comparative Balance Sheets and answer the questions. Net income was $18,000 and $4,000 of dividends were paid in 2019. 2018 2019 2018

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Use the following comparative Balance Sheets and answer the questions. Net income was $18,000 and $4,000 of dividends were paid in 2019. 2018 2019 2018 2019 Assets Liabilities Cash 20,000 24,000 A/P 4,000 7,000 A/R 10,000 8,000 Current portion of 1,000 1,500 M/P 15,000 16,000 Long-Term N/P 20,000 15,500 Marketable Securities Inventories 5,000 7,000 Stockholders' Equity Furniture 25 0nn 30 non Common Stock 30 on 26 non Inventories Furniture Acc-Dep Total Assets 5,000 7,000 Stockholders' Equity 25,000 30,000 Common Stock 30,000 26,000 (4,000) (5,000) Retained Earnings 16,000 30,000 71,000 80,000 SE and Liabilities 71,00080,000 a. How much is net cash flow in 2019? Oa. +4,000 Ob. -4,000 Oc. +24,000 Od. -24,000 b. How much is net cash flow from Investing activities? Oa. +6,000 Ob.-6,000 Oc. +12,000 Od. -12,000 C. How much is net cash flow from Financing activities? c. How much is net cash flow from Financing activities? Oa. +12,000 Ob. -8,000 Oc. +10,000 Od. -12,000 d. How much is net cash flow from Operating activities? Oa. +16,000 Ob. +20,000 Oc. +22,000 Od. +24,000

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