XYZ Corporation Financial Information as of December 31, 2021:

Item	Amount
Sales	$3,500,000
Cost of Goods Sold	$2,300,000
Selling Expenses	$400,000
Administrative Expenses	$100,000
Interest Expense	$25,000
Gain on Sale of Equipment	$20,000
Income Tax Expense	$95,000

Current Assets and Liabilities:

Item	12/31/2021	12/31/2020
Cash	$500,000	$320,000
Accounts Receivable	$250,000	$200,000
Inventories	$450,000	$400,000
Accounts Payable	$350,000	$300,000

Additional Information:

Depreciation of $120,000 is included. $90,000 in selling expenses and $30,000 in administrative expenses.

Equipment sold for $120,000. This equipment cost $180,000 and had a carrying value of $100,000.

New equipment purchased for $85,000 cash.

Dividends of $150,000 were declared and paid.

500 treasury shares were purchased for $50,000.

Requirements:

Compute cash flows from operating activities.

Compute cash flows from investing activities.

Compute cash flows from financing activities.

Compute ending cash balance.