Use the following information for Chambers Corporation to answer the following questions:

20x1 20x2

Net Income $825,000 $930,000

Depreciation Expense 130,000 165,000

Inventory 1,200,000 1,640,000

Gross Fixed Assets 4,500,000 4,850,000

Dividends Paid 110,000 110,000

Accounts Receivable 700,000 810,000

Issued Common Stock 1,500,000 0

Accounts Payable 400,000 430,000

Long-Term Debt 1,100,000 1,600,000

Accruals 150,000 140,000

Net Fixed Assets 2,000,000 2,550,000

Cash 400,000 1,005,000

Calculate the net cash from investing activities for Chambers Corporation for the year 20x2?

Answers:

	a.	$350,000
	b.	Negative $350,000
	c.	$185,000
	d.	Negative $185,000