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USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS Mellon Company Balance Sheet For the Years Ending December 31, 2010 and 2011 (All figures

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USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS Mellon Company Balance Sheet For the Years Ending December 31, 2010 and 2011 (All figures in dollars) 2010 2011 Cash Account receivable Inventory Total current assets Gross fixed assets (Accumulated depreciation) Net fixed assets Total assets 1,500 3,740 10,120 15,360 56,100 (9,590) 46,510 61,870 820 3,980 8,470 14,270 63,840 (11,000) 52,840 67,110 Notes payable Accounts payable Accruals Current portion of LT debt Total current liabilities Lont-term debt 1,000 2,260 1,570 470 5,300 37,750 1,000 4,150 1,640 1,730 8,520 34,790 Net GrOSS Tixed assets (Accumulated depreciation) Net fixed assets Total assets THPS 2 - Online Summer 2020 - CORPORATION 56,100 63,840 (9,590) (11,000) 46,510 52,840 61,870 67,110 Notes payable Accounts payable Accruals Current portion of LT debt Total current liabilities Lont-term debt Common stock Paid in capital Retained earnings Total liabilities and equity 1,000 2,260 1,570 470 5,300 37,750 1,000 4,800 13,020 61,870 1,000 4,150 1,640 1,730 8,520 34,790 1,500 9,460 12,840 67,110 Additional Data from 2011. Income Statement: Sales in 2011 Net income in 2011 238,000 9,940 25. Calculate the Cash flows from operating activities for 2011. 26. Calculate the Cash flows from investing activities for 2011. 27. Calculate the Cash flows from financing activities for 2011

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