What are the non-cash revenues, expenses, and other gains and losses that must be added to or subtracted from net income in the operating activities section of the SCF? Please show your work!

What is the amount of net cash flows from operating activities?

Statement of Cash Flows (Indirect Method)-Comprehensive Example Mark's statement of financial position as of December 31, 2015 and 2014 and information relating to 2015 activities are presented below. December 31 20152014 Assets Cash Short-term investments Accounts civable (net) Inventory Long-term investments Trading securities Plant assets Accumulated depreciation Patent 440,000 800,000 1,050,000 1,130,000 400,000 $3,100,000 (700,000) 280,000 520,000 1,140,000 1,000,000 600,000 $2,000,000 (900,000) 300,000 Total assets Equity and Liabilities Accounts payable Other accrued liabilities Long-term notes payable Other long-term abilities Common Stock-$10 par Additional paid-in capital Retained earnings Deferred compensation 1,495,000240 000 250,000 200,000 560,000 $1,600,000 800,000 1,880,000 (35,000) 360,000 1,400,000 500,000 960,000 (50,000) Total equity and liabilities Information relating to 2015 activities .Net income for 2015 was $1,220,000 . Short-term investments consist of treasury bills maturing on September 30, 2016. Short-term investment purchases were paid with cash. . No bad debt expense was recorded .A long-term investment was sold for $345,000 and an unrealized loss on long-term investments was recorded for $20,000. There were no other transactions affecting long-term investments in 2015 Plant assets costing $1,000,000 and having a carrying amount of $320,000 were sold for $360,000. Payment on the sale was not received in 2015. Plant asset purchases were paid with cash. The decrease in other long-term liabilities did not affect cash or net income 20,000 ordinary shares were issued for $25 a share Dividends were paid with cash