Use the following financial statements and additional information to prepare a statement of cash flows for the year ended December 31, 2019 using indirect method

James Company - Balance Sheets - At December 31
			2019				2018
Assets:
Cash			$ 85,000				$ 65,000
Accounts receivable, net			74,000				66,000
Merchandise inventory			157,000				145,000
Prepaid expenses			7,000				9,000
Equipment			280,000				245,000
Accumulated depreciation-Equipment			(80,000)				(76,000)
Total assets			$523,000				$454,000
Liabilities:
Accounts payable			$ 53,000				$ 51,000
Accrued liabilities			9,000				12,000
Notes payable (long term)			65,000				79,000
Total liabilities			$127,000				$142,000
Equity:
Common stock			190,000				150,000
Paid-in capital in excess of par			91,000				62,000
Retained earnings			115,000				100,000
Total equity			$396,000				$312,000
Total liabilities and equity			$523,000				$454,000
Rainy Company - Income Statement - For Year Ended December 31, 2019
Sales		$480,000
Cost of goods sold	$242,000
Depreciation expense	50,000
Other operating expenses	100,000
Interest expense	5,000	(397,000		)
Other gains (losses):
Gain on sale of equipment		10,000
Income before taxes		93,000
Income taxes expense		20,000
Net income		$ 73,000

Additional Information

a. A $75,000 note payable was retired at carrying value in exchange for cash also, an additional note was issued for cash.

b. The only two changes that affect retained earnings are cash dividends that were paid, and net income.

c. New equipment is purchased for $120,000 cash.

d. They received cash for selling equipment.

e. Common stock was issued for cash.

ANSWER QUESTIONS BELOW

1. Total cash flow from operating activities: $

2. Total cash flow from investing activities: $

3. Total cash flow from financing activities: $

4. Cash received from sale of equipment $

5. Cash received from the issuance of common stock $