Use the following information regarding the Seville Corporation to answer Short Exercises 12-1 through 12-3: Accounts payable increase Accounts receivable increase Accrued liabilities decrease Amortization expense. Cash balance, January 1 Cash balance, December 31 Cash paid as dividends Cash paid to purchase land.. Cash paid to retire bonds payable at par. Cash received from issuance of common stock Cash received from sale of equipment Depreciation expense.... Gain on sale of equipment Inventory decrease.. Net income.. . $ 9,000 4,000 3,000 6,000 22,000 15,000 29,000 90,000 60,000 35,000 17,000 29,000 4,000 13,000 76,000 2,000 Prepaid expenses increase SE12-1. Cash Flow from Operating Activities Using the information for the Seville Corporation above LO1, 2 calculate the cash flow from operating activities. MBC Cash Flow from Investing Activities Using the information for the Seville Corporation above, calculate the cash flow from investing activities. SE12-2. LO1, 2 MBC Cash Flow from Financing Activities Using the information for the Seville Corporation above, calculate the cash flow from financing activities. SE12-3. LO1, 2 MBC The following information for Smith & Sons relates to Short Exercises 12-4 through 12-6: $1,500,000 850,000 300,000 360,000 Cash flow from operating activities. Capital expenditures.. Current liabilities, beginning of year. . Current liabilities, end of year.. SE12-4 Free Cash Flow Using the above data, calculate the free cash flow for Smith & Sons. LO3