USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS 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. 2010 2011 Cash 1,500 1,820 Account receivable 3,740 3,980 Inventory 10,120 8,470 Total current assets 15,360 14,270 Gross fixed assets 56,100 63,840 (Accumulated depreciation) (9,590) (11,000) Net fixed assets 46,510 52,840 Total assets 61,870 67,110 Notes payable 1,000 1,000 Accounts payable 2,260 4,150 Accruals 1,570 1,640 Current portion of LT debt 470 1,730 Total current liabilities 5,300 8,520 Lont-term debt 37,750 34,790 Common stock 1,000 1,500 Paid in capital 4,800 9,460 Retained earnings 13,020 12,840 Total liabilities and equity 61,870 67,110 Additional Data from 2011 Income Statement: Sales in 2011 238,000 Net income in 2011 9,940